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  Family Entertainment Centre Franchise - Fantasia Southgate  

 

PROFILE    
Description:    A national family entertainment centre which operates from shopping precincts and mall is converting to a franchise model. The existing centres are being sold as developed and trading franchise businesses to franchisees.
Industry / Sector:    Entertainment - Recreation
LOCATION    
State / Province:    Gauteng RSA
City / Town:    Johannesburg
Location / Area:    Southgate
Portability:    Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
PRICE    
Asking Price:    R 2 000 000
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 189 413 per month
Profit:    R 74 400 per month
Annual Return:    45 % per annum
No. of Staff:    8
Year Established:    2014
Legal Persona:    Sole Proprietorship
Other Information:     
The greatest family entertainment centres were started by Sepriano Geurreiro in November 1983. Fantasia Potchefstroom was the first to open. Due to its popular and successful concept a further eight branches were to follow. The brand has become synonymous with fun and great entertainment and a tenth store is soon to be opened at Cresta.


EXISTING STORE LOCATIONS
Potchefstroom, Klerksdorp, Bloemfontein, Kimberley, Northgate, Vereeniging, Rio Casino, Key West, Southgate and, soon, Cresta.

PERSONAL REQUIREMENTS
Must be a peoplesí person as you are working with the public and mostly kids.
No criminal record.
No special skills or experience would be required.

OPERATING ISSUES
Government license to be obtained for the number of redemption machines housed on the entertainment floor.
Preferable to continue with Workforce Company to supply your staff compliment.

FINANCIAL
Franchise joining fee of R 75,000 payable
Royalty fee payable at R 10,000 per month fixed
Monthly Maintenance Cost : R10 000
Monthly Salaries : R17 584
Monthly Rental : R87 425
Monthly Net profit : R74 400

STORE PARAMETERS
Shop U206, Southgate Mall
779 m≤ in extent.

FRANCHISEE BENEFITS

  • An existing fully functional Fantasia Entertainment Centre with a track record
  • Full training to be given by the franchisor before take-over
  • Franchisor assistance and backup after take-over
  • Spare parts for all machines in stock and available to be purchased from the franchisor
  • Qualified technician available on a weekly basis
  • Franchisor assistance to replace or swop entertainment machines
LIFESTYLE ISSUES
Trading hours are:
† - Monday to Thursday - 9:00am to 11:00pm.
† - Friday and Saturday - 9:00am to 10:00pm.
Staff operate in 2 shifts a day, 4 people to a shift.

GALLERY
The images displayed below are from a range of different stores.........




 

 

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Record ID: 2630
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