Internal Ref: PM1083
Summary
SBX Code: PM1083 - Canberra ACT - Nostalgic Bar - Net profit $376,000 - Under full management
Rent
$0 pa
Net Profit
$376,069 pa
Employees
Full-time Venue Manager (5+ yrs) - 2 full-time - 10 casuals
About the Business
Iconic Nightclub - Great Profits - Under Management - Sydney
SBX Code: PM1083
Great investment business opportunity .....Established in 2019, This night club has quickly become Canberras premier nostalgic nightclub and a cornerstone of the citys nightlife scene. As the only venue in the ACT dedicated to the music and culture of the 1980s, 1990s, and 2000s, it delivers a unique and immersive entertainment experience that resonates with a wide demographic.The business has built a strong and loyal customer base through its consistent theme, curated music selection, and vibrant atmosphere that transports guests back in time. Its distinctive positioning and strong brand recognition have enabled sustained profitability and steady year-on-year performance since inception.With a proven track record of financial success, established operational systems, and a concept that continues to attract new patrons and repeat visitors alike, this night nightclub presents a rare opportunity for investors to acquire a well-established, profitable venue with significant growth potential in Canberras dynamic hospitality market.
Features
$1.5m + Annual Gross Revenue with strong upside potential.- $ 376,000 Adjusted Net Profit.- Fully equipped Nostalgic Bar includes a professional DJ Booth, fantastic sound system, custom led strip lighting and led light up dance floor and ample seating with a 225 patron capacity.- Exceptional Canberra CBD Location surrounded by residential, retail, dining, transport, and office buildings.- Premium 4am Liquor Licence, rare and highly valuable in the Canberra CBD.- Huge potential, as only open 4 days of the week.- This business runs profitably under management making it very attractive to investors.
SBX Code: PM1083
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