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Refer to Broker
Refer to Broker
Tucked away down trendy AMP Lane, and housed in a 1930's style New York art deco setting, an opportunity exists to acquire Albury's original laneway bar.
– Trading 4 nights ONLY from 4:00 pm – 12:00 am on Fridays and Saturdays and Wednesdays, Thursdays until 10pm
– Liquor license with bar serving classic cocktails, local wines, and Australian & International beers & spirits
– The business offers light tapas-style meals to compliment the drinks menu. And has changed to a model that does not require an in-house chef, but has the capacity to do so
– Business fit out/set up $100,000+ invested with a long lease in place
– The venue is licensed for maximum capacity of 120 patrons consisting of inside and alfresco
– Scope to extend trading hours by opening for Friday lunch and/or Sundays, or think outside the box and catch the morning coffee trade to increase an already healthy turnover
Price: $250,000 + STOCK AT VALUE
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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