Civic Cocktail Bar and Nightclub | $1.2M Annual Revenue

26 days ago

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Rob Illsley
 

Summary

$250k Net Profit

About the Business

This is an opportunity to purchase a popular nightspot in Canberra's civic that is an established part of the late night scene.

The business trades 3 evenings a week from Thursday to Saturday with the owners overseeing the operation without having to work full time in the business. The business employs bar staff, DJ's and doormen and the current business essentially runs itself quite easily with minimal input from the owners who view it as a prized asset. There is no kitchen to complicate the offering and the revenue is generated from door sales and alcohol alone.

The lease has 4 years left to run and the rent is only $7,222 per month plus gst and outgoings.

This is a reluctant sale with the owners facing a change in circumstances and they are fully prepared for a transition and will offer full training and support to an approved purchaser.

This is a competitively priced and easy to operate business that is run over a short trading cycle and can be run as either a side hustle or an addition to somebody running a daytime business looking to grow. Is this your next adventure?

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

**Weekly**
Sales $25,932
Rent $1,666
Net Profit $4,864

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