CY0418F

KARTING CENTRE - PAFOS

Business Type: Go-Kart Circuit
Location: Greater Paphos, Pafos, CYPRUS  
Type of Tenure: Freehold
Business Reference: CY0418F
Asking Price: € 2.000.000
Annual Turnover 450000
Gross Profit Margin 80%
Monthly Rent n/a
Stocks (at cost) 350000
Reason for Sale Retirement
Accounts Available Yes
Years Established 25
Incorporated Business Limited Co
Relocatable Business Yes
Car Parking Yes
Part-time/Seasonal Employees 3
Vendor Financing Negotiable
Full-time Employees 2
Plot Area 14354 square metres

Description

  • The Selling Price includes the business, all karts, stock & equipment and the freehold real estate.
  • Located in Kato Pafos tourist area, near Geroskipou 
  • Huge Freehold plot with area 14.354 sqm (Building Density Factor 10%)
  • Adjacent to Neapolis New Town Project
  • One of the best and largest karting centres in Cyprus 1600m main circuit and separate 200m childrens` circuit
  • Open all year round Both family/individuals clients and organized groups business
  • Additional facilities include:
    • 1. Childrens` Bouncy Castle area (fenced)
    • 2. Childrens` Playground
    • 3. Amusement Arcade
    • 4. Cafeteria
    • 5. Barbeque/Kebab Kiosk
    • 6. Ground Floor covered terrace for spectators
    • 7. Roof-top covered terrace for spectators

The Pafos Karting Centre is one of the biggest and best karting centres in Cyprus. Its 1600m main circuit includes a tunnel and flyover, real-time electronic timing system with LED screens and a Control Tower.

There are a total of 60 Karts to choose from depending on age, experience and appetite for speed: Bambino Karts (for under 7 yrs old) Cadet Karts, Pro Karts, Twin Engine Karts, Thunder Karts, Two-seater Karts.

  • The present business is offered for sale by DealMasters.  Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner. 
  • You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters. 
  • Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
  • We do not perform any due diligence on businesses for sale, business owners, or the information provided by them.  Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business