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Bingo Gaming Centre Business South East For Sale

Melbourne, Victoria
Asking Price:
$1M - $5M (AUD)
Sales Revenue:
$1,397,000 (AUD)
Cash Flow:
Not applicable

This Bingo and Gaming Centre business is a long established business of 25 plus years and is well known in the area.

Located on a busy main road, it has a high exposure location with huge amounts of passing traffic daily. It is very easily accessed via the major freeways. There is plenty of off street parking available for patrons.

This well established business encompasses a cafe/food business, Bingo gaming and vending machines for lucky tickets and prizes and an ATM machine, providing multiple income streams.

The cafe serves hot and cold foods and special meals on Saturday nights and promotion nights.

Has a large and regular clientele and is popular for fundraising events for schools, community groups and clubs.

Bingo is run for day and night sessions 6 days per week. The business has an annual turnover of approx. $1,39 million per annum from multiple income streams - cafe, Bingo, vending machines and the ATM machine.

Rent for the large premises which can seat up to 400 people is $3,461 per week. Lease options of 5 years.

Owners work part time in the business with 11 Casual staff.

Excellent website explaining the game, how the centre runs, memberships and session times. Also has a large social media following.

Easy to run business which can be placed under management with staff in place to continue with operations. Take advantage of the goodwill in this business built up over 25 plus years.

For more information and to arrange an inspection please contact Chris Panagiotidis or Elle Likopoulos.

Property Information

Real Estate:

Lease

Location:

Located on a busy main road, it has a high exposure location with huge amounts of passing traffic daily. It is very easily accessed via the major freeways. There is plenty of off street parking available for patrons.

Business Operation

Reasons for selling:

Retirement

Trading hours:

6 Days

Employees:
2 PT Owner 11 Casual
Years established:
27

Other Information

Support & training:

Easy to run business which can be placed under management with staff in place to continue with operations. Take advantage of the goodwill in this business built up over 25 plus years.

Contact Information

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