This asset sale offers a restaurant/bar fit-out (plant & equipment) with the transfer of the lease only. Due to a partners dispute It is being offered at less than fitout cost.
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A popular wine and cocktail bar in a busy corner shopping strip location, running fully under management. Currently taking $13,000 PW with GP at 70-75%.
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FULLY LICENSED LIQUOR and COCKTAIL BAR - TRADING FOUR NIGHTS A WEEK
Lively Cocktail Bar For Sale in Energetic Inner City Suburb, Positioned for High Street Traffic with an Excellent Reputation and Gr
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Well established Functions and events venue located Melbourne city fringe. A host to a variety of corporate, private functions and events, successfully operating 1-2 nights per week for 14 years.
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Over $500,000 of brewing equipment included in the sale - Producers liquor license 12pm – 11pm - Sales of $680,000 gross pa with adjusted net profit of $200,000 - High profile CBD fringe location
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General liquor licence until 1am for 300 patrons + Bottle Shop licence until 11pm - 7 days -Sales of $2,200,000 - Net profit of $550,000 pa - Under management - Stunning venue -vendor terms available
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