Bars Nightclubs - Western Suburbs

8 days ago

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Internal Ref: SFR1003A

Summary

SBX Business Code: SFR1003A - Bar - Restaurant - Function - Entertainment - Western Suburbs

Rent

$46,020 pa

Net Profit

$463,060 pa

Location Details

Situated on a busy street with high traffic and surrounded by shops and residences, close to railway station and large shopping center.

Potential

Could open for 7 days to increase business. - Good potential for cafe, breakfast and lunch trade. - Big potential to open during the day.- Target online marketing which will boost sales.

Hours

3 nights - Thurs. - Sat. - 9 p.m. - 3 a.m.

Lease

Current lease expires in July, 2020 + 3 year options. - C.P.I. increases. - 2 months bond.

Employees

1 owner + 8 casuals

About the Business

Bar - Restaurant - Function - Entertainment - Western Suburbs

SBX Business Code: SFR1003A
Bar - restaurant - function centre. - Good spacious area for entertainment. - Most of the weekends, reservations are full for parties and engagements. - Currently operating for only three days during weekend. - The owner has approval to work for seven days. - Full liquor license - on premise license with unlimited duration.- Full kitchen preparing various international cuisines and a small cool room - Attractive display of bar and well arranged seating area. - Spacious air conditioned area with excellent sound system and smoking room facility - 230 seats

Potential
Could open for 7 days to increase business. - Good potential for cafe, breakfast and lunch trade. - Big potential to open during the day.- Target online marketing which will boost sales.

Features
Well known for family parties and functions - Regular customers - Well established

Premises
This business has an area of 300 sq. mts with a well presented bar, function and entertainment centre.

Location
Situated on a busy street with high traffic and surrounded by shops and residences, close to railway station and large shopping center.

Trading Hours
3 nights - Thurs. - Sat. - 9 p.m. - 3 a.m.

Lease
Current lease expires in July, 2020 + 3 year options. - C.P.I. increases. - 2 months bond.

Employees
1 owner + 8 casuals

Comments
Misc 1 - other general expenses. - A great opportunity to continue to build this well run established and profitable business. - High number of new and regular customers pay an entry fee to gain access which is a good income. -Security and cameras.- Owner has contract with a DJ who pays a fee to visit every month which is a regular income - Sales figures shown are for only 3 days a week.

SBX Business Code: SFR1003A

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