Project Summary
WAGK Pty Ltd has taken over Hi Voltage Entertainment (HVE) and will be expanded into new markets and locations attracting increased Tourism dollars. HVE will grow from Perth’s leading Family Entertainment business to being Australia’s Premier Family Entertainment Experience.
The plan to expand into the states south west region and develop an outdoor karting, accommodation, family adventure facility incorporating food, beverage, shop bar/tavern, retreat facilities and much more the like of which this state has never seen. It will build on the established operation in the Perth metro area and cross sell packages to current and future clients and families from across the country and from overseas.
Project description
“Differentiation is the Custodian of Profits”
HVE’s MAJOR POINT OF DIFFERENCE IS UTILISING GREEN TECHNOLOGY, REDUCING OUR ENVIRONMENTAL IMPACT AND POSITIONING US FOR STRATEGIC FUTURE GROWTH.
HVE is a one stop shop for patrons for Family Friendly activity that is enjoyable, affordable, and appealing to all. HVE offers the Corporate client unique ways to train, reward and incentivise staff, clients and customers. Vocational training opportunities available in HVE
Diggerland” provide a unique training opportunity for school students.
Our technology and customer retention programs creates “sticky” patrons and advocates. HVE’s multi -facetted business model promotes cross selling products and services from the various operations to maximise revenue potential. HVE has a long customer value lifespan, attracting and retaining customers from a young age through to mature adults bringing their own children. Our connection & commitment to community is a unique feature of our business operations.
Investment opportunity details
Go Kart tracks are a popular but under-promoted segment of the leisure industry, offering members of the public the opportunity to experience the thrill of racing in a controlled and safe environment The sport caters to both sexes and all age groups In addition to “arrive and drive” customers – there is a substantial corporate market. We then add more memorable activities such as theme park style attractions. Accommodation, food beverage and then run it as a professional corporation rather than a Mum & Dad hobby we can replicate the model and expand rapidly across the nation. The result is increased shareholder value and increased returns for investors. This standardised professional operation will enhance customer satisfaction and increase the lifetime value of the customer. That in turn increases value and returns which feeds back into the customer satisfaction loop and the cycle continues.
Investor information
Financial information
Investment sought: $10 - $40 million
Document(s) / Video(s):
Project website:
Project information
Project highlights:
Go Kart tracks are a popular but under-promoted segment of the leisure industry, offering members of the public the opportunity to experience the thrill of racing in a controlled and safe environment The sport caters to both sexes and all age groups In addition to “arrive and drive” customers – there is a substantial corporate market. We then add more memorable activities such as theme park style attractions. Accommodation, food beverage and then run it as a professional corporation rather than a Mum & Dad hobby we can replicate the model and expand rapidly across the nation. The result is increased shareholder value and increased returns for investors. This standardised professional operation will enhance customer satisfaction and increase the lifetime value of the customer. That in turn increases value and returns which feeds back into the customer satisfaction loop and the cycle continues.
Project timeline:
Expected start date:
01 October, 2023
Expected end date:
16 December, 2024
Funding round finish date:
01 August, 2023
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