- Exciting and Growing Entertainment Business for Sale Quarry Bay
- HKD 1,500,000
Hong Kong Island 香港島 Eastern 東區
Average Monthly Electricity:
- HKD 600
- Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease). Next renewal will be on 21 April 2019
- The current owners will consider a partnership proposal as an option to out-right sale if required
- HKD 25,500 per month. Payable monthly in advance
- HKD 51,000.
- Stock at the time of settlement is Included in the asking price
- Connected at the cost of HKD 388 per month. Wifi Enabled.
- HKD 0 per month
- Yes, near offers will be considered
The venue is unique to Hong Kong and is a one-of-a-kind in the city. Enjoyed by all ages, it's great for corporate events, team buildings, birthday parties, family fun and bonding, or just for enjoying a bit of fast-paced heart-pumping action. The track is 50m long and is set on a table top 1m high. There are multiple lanes with many cross-over sections for overtaking during the racing. Drivers use wireless remotes so they are not restricted to staying in one position while racing. It's great fun and is showing increasing popularity.
Operated from leased premises in Quarry Bay, the location is accessible by MTR and has parking nearby. Although the site is considered suitable, it is moveable of course and can really be operated from many different locations. In addition to the track in Quarry Bay, the owners also provide a service whereby they setup tracks for customers in their own locations like function rooms, hotels, exhibition centres and the like.
The business has a growing following, but is still somewhat in its infancy in terms of its potential. The owners are looking to move to the UK and are therefore looking for a new owner to take this dream to a new level. With the right passionate new owner, 'the sky is the limit'. Multiple venues and even franchising are possible. Transfer price is expected to be between HKD 1,500,000 and HKD 1,800,000.