Internal Ref: bus6705
Summary
Fully fitted sports bar and entertainment venue for sale in busy nightlife district, with a pizza kitchen and beer garden. Averaging $51,415 a week, o...
About the Business
BUSINESS SNAPSHOT
- Weekly Turnover: $51,415 a week, on track to hit $80k a week in summer
- Profit: $358,132 (FY27 Annualised)
- Stock Value: Approx. $40,000
- ROI: 36% p/a
- Earning Type: EBITDA
- Long lease to 2036
- Customer base: Sports fans, live music and nightlife patrons, after-work drinkers, diners and groups
- Operating structure: Open seven days a week, closed on public holidays
KEY DETAILS
- Team: 11 staff on payroll, with the owner working around 10 hours a week overseeing operations and rostering
- Premises: Whole-of-site tenancy with bar, stage, pool room, commercial kitchen and beer garden
- Products and services: Bar service including a cocktail menu, pizza and food, live music, DJs, karaoke and live sport on seven screens
- Lease: $178,000 p.a. + GST with fixed 4% annual increases, plus outgoings of approx. $42,000 p.a. The current term expires January 2036 with a further 7-year option
- Fit-out: Custom cool room and beer system, walk-in kitchen cool room, stage lighting and sound, conveyor pizza oven, commercial grill and security system
A well-established, fully fitted sports bar and entertainment venue located in a busy nightlife district.
The business features a pizza kitchen, beer garden, live music, DJs, karaoke, pool facilities, and live sports entertainment. It operates with an experienced team and minimal owner involvement, offering a diverse customer base and multiple revenue streams.
The venue also benefits from a secure long-term lease, making it an attractive opportunity for investors or hospitality operators.
FOR SALE: $1,000,000 + Stock
Contact the exclusive broker:
Sam Craven
Benchmark Business Sales & Valuations
M: 0478 832 601
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6705 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
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