Internal Ref: 1P6465
Summary
Forget trekking into the city for hidden laneway adventures and a stylish drinking spot. Williamstown has its very own. Tucked just off Ferguson Street, behind the bustling retail strip, you'll fi...
Location Details
Ferguson Street
About the Business
Forget trekking into the city for hidden laneway adventures and a stylish drinking spot. Williamstown has its very own. Tucked just off Ferguson Street, behind the bustling retail strip, you'll find Peachy Keen, an inspired container bar with loads of character.
Step inside and the shipping container reveals a fully equipped bar, flanked by bench seating and cosy sectioned-off areas perfect for after-work drinks, intimate functions, and laid-back weekend sessions. Designed as an all-weather neighbourhood venue, Peachy Keen keeps guests warm and dry in winter, while offering sun-soaked lounging in the warmer months. With no kitchen overheads, the business has cleverly partnered with nearby restaurants who deliver food directly to patrons' tables, giving customers variety while keeping operating costs low.
The venue has an On Premises Licence till 11pm, 7 days per week with a capacity of 60. The rent is a low $882 a week including GST. There are three years left on the lease with further terms available upon negotiation with the landlord. All fixtures and fittings are included with no supplier or equipment contracts in place.
Peachy Keen is the ideal entry-level bar for an owner-operator looking for good returns with minimal risk. The venue enjoys a loyal local following, with regulars who have already claimed their favourite corners of the space. All the groundwork has been done from building reputation to securing strong partnerships and the business runs with low overheads that keep margins healthy. With more dedicated input, there's huge scope to grow income, as the current vendors are splitting their focus between this venue and a large pub in Bendigo.
Peachy Keen is an ideal starter bar with good income for an owner operator. The venue has an excellent reputation with the locals with certain areas becoming favourite spots in the venue for the regulars. All the hard work has been done and with low overheads there is minimal risk to a someone wishing to take on their first venue. There is also scope to increase income with more input in to the venue as the vendors are splitting their time between Peach Keen and a large pub in Ballarat, hence the sale. There are books and plenty of information on the venue. The vendors are looking for offers in the regions of $150,000 for this exclusively listed venue.
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