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DealProspect/Listings/Hospitality & Tourism

Chipmunks Playland & Cafe Franchise, Ballarat

Tourism Operator

ActiveHospitality & TourismVictoriaB2C
Asking price
~$238,502
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$705,000
TTM
Earnings (est.)
~$89,437
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.7×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Chipmunks Playland & Cafe franchise covering the Ballarat region
  • Largest play centre structure among Chipmunks facilities in Victoria, hosting up to 250 children with 200 seats
  • Trading officially commenced January 2021
  • Premises approximately 700 sqm with over 600 on-site car parks
  • Located next to a major Aldi supermarket
  • All play equipment and chattels fully owned, with a 40-year life expectancy
  • Lease to December 2029 with a further five-year option
  • Franchise agreement 10 years from December 2019 with one further 10-year term