Indoor Go-Kart Race Track For Sale

Year Established: 2016
Business Activity: Go Karting
Location: A popular mall
Allocated Area/ Space Size (sqm): 651
Annual Rent: AED 680,000.00
Tenancy Contract Validity: Need to Renew.
Can the Tenancy Be Locked In for 3 Years?: Yes
Monthly Revenue: 70,000 AED To 130,000 AED
Monthly Operating Cost: AED 73,000.00
Monthly Net Profit: 10,000 AED - 55,000 AED
Average Number of Rides per day: 25-180
Number of Cars: 13
Repeat Customer Percentage: 50%
Number of Staff: 5
Client base: More than 10,000
Inventory Value: 80,000
Asset Value: 1.5 Million
List of Assets: Cars, snacks equipment, slush machine & utensils, iPads, POS, maintenance foam, tools, RC cars.
List of Gaming / Entertainment Machines: Go Karting / conduction RC cars
Condition and Age of Cars: 5-15 years
Average Customer Spend: 40
Operating Hours: 10am-10pm
Licenses / Approvals: All approved
Outstanding Liabilities: 0
Asking Price: 900,000 AED
Business Overview:(Brief description of the business): Fully operational kids’ entertainment area with electric ride-on cars, RC cars, play area, safety equipment, reception and POS system. Includes all equipment, trained staff, and an established customer base.
Key Money: 900,000
Security Deposit: 175,000.00
Fully operational kids’ entertainment area with Facilities & Features: electric ride-on cars, RC cars, play area, safety equipment, reception and POS system. Includes all equipment, trained staff, and an established customer base.
RFS: Owner is building a manufacturing factory in another field of interest.