BAR EASTERN SUBURBS
Beautifully presented and well-established upscale bar located in the eastern suburbs with excellent high foot traffic . The business is situated in the heart of major shopping centre’s entertainment precinct and draws customers from across the region. Solid reputation and somewhat of a landmark in the precinct, this venue has developed many loyal customers over the 10 years in operation.
This well-appointed venue is stunning with a beautiful modern décor, state of the art sound & lighting system and offers excellent prime growth opportunities. The asking price includes all fixtures, fittings and equipment and absolutely turn-key. Sellers are motivated and would like to find a new owner who can take this business to the next level. If you’re looking for a bar venue, they don’t get much better than this!!
– Long secure lease
– Excellent rental terms
– Fully equipped 100+ sqm venue
– Suit any concept/theme
– 5am liquor license
– The complex includes bar, lounge and outdoor entertainment area and can be booked for parties, functions & private events.
The business generates a consistent yearly gross sale of $624,000pa and provides a stable net income to the operator. The owner is retiring after many successful years in the industry. The business has a full staff of experienced employees who are unaware of the pending sale and expect to remain post-closing.
Additional information is available upon signing NDA potential purchaser.