Summary
Cocktail lounge seating 62 patrons - full kitchen facitlities. Lygon Street, Brunswick East location Trades Wed-Sat in winter & includes Sun in summer Private beer garden - lots of functions!
Revenue
$5,500 pw
Rent
$1,000 pw
Expenses
$3,950 pw
Net Profit
$550 pw
Location Details
169 Lygon Street, Brunswick East
in the heart of the Brunswick end of Lygon St. Location is readily recogniseable !
Potential
Cocktails revenue has grown the business with strong repeat clientele increasing.
Fully remodelled kitchen facilities with key appliances. Provides revenue stream for the creative chef.
Premises includes a 1-bedroom flat as part of lease - lease out or tenant occupy. All remodelled.
Nothing to spend here.
Skills
Experience running similar venues and added chef experience will add the finishing touches to this location
Hours
Wed - Saturday - 5pm - 11pm
Sunday (summer) 4pm - 10:00pm
Lease
1 year left of term 1 with 2 x 5year tenant options
Employees
2 PT employees with 1 casual
Reason for Sale
One fo the partners is heading to university in 2027 to persue an alternate career.
About the Business
Cocktail lounge in the heart of Lygon Street, Brunswick East.
Clientele love the uniqueness of the venue and private beer garden.
Lots of repeat customers and strong Google ratings constantly bringin in new customers.
Rear, private beer garden is definately a perfect stage for private events.
Fully remodelled throughout venue, including rear 1-bedroom flat.
Upside from deeper food sales to really drive profitability.
Genuine low cost, high margin operation
1 employee (cocktail barman) & 1 casual willing to stay on.
History
Venue developed by father and daughter team, originally as a restaurant.
Focus shifted to cocktails when the volumes began to increase.
Food sales are continuing but being outshone by cocktail sales
Connect with us