*****Urgent Sport Bar for Quick Sale

17 days ago

Location:
Geelong 3220 > Regional Victoria > Victoria

Investment level:
$150,000 (Negotiable) + SAV

Type:
Business

Industry:
Food & Drink > Coffee, Cafes & Restaurants

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For Sale By Owner
 

Internal Ref: 118241160

Summary

MELBOURNE SPORTS BAR FOR SALE — STAFF OPERATED WITH A LONG LEASE! Popular Busy Sports Bar in Melbourne Victoria ! Trading Wednesday - Sunday. Return of Capital in 6 month!

About the Business

The Phone Code for this property is: 30199. Please quote this number when phoning or texting.

Combine your passion for sport and hospitality with an established Melbourne business generating approximately $500,000 in annual turnover.

Operating with a team of five staff and no owner involvement in day-to-day operations, this sports bar offers an attractive opportunity for a buyer seeking an established team, or a hands-on operator wanting to bring fresh energy and Menu ideas.

Business highlights

Annual turnover: Approximately $500,000.

Rent: $5,300 per month plus GST.
SBS International Multi Languages Channels License.

Outgoings: Approximately $9,000 per annum.
Trading hours: Wed - Sunday
12:00PM - 10:00PM.

Long lease: Over 10 years remaining, providing a substantial trading horizon.

Staff operated: Run by 5 staff without the owner working in the business.

Motivated vendor: Selling due to new commitments.

The Melbourne advantage

The best living City of the world class on Magazine! Melbourne’s strong sporting culture and established dining and entertainment scene provide a natural setting for a sports bar. From AFL gatherings to international sporting events, the sports bar concept brings people together to watch, socialize and return with friends. Well-known popular Sports Bar in Brunswick East.

For an enthusiastic new operator, there is scope to explore themed sports nights, New Menu with better trading hours, and private functions, local club partnerships and targeted social media promotions. These initiatives could help build patronage and develop additional revenue opportunities.

An established operation. A long lease. A vendor ready to move forward.

Contact Kim at KD Business on 0411 788 383 to request further information and arrange a confidential inspection.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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