Price
$120,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Brisbane Region, Brisbane City
Category
Leisure/Entertainment, Bar/Nightclubs
Listing #
BR01341
Long established bar and live music venue located in the heart of Nundah, only 15 minutes drive north from Brisbane CBD. Operating 5 days a week, the venue attracts residents from the local suburb and surroundings with events such as live music, trivia nights and more.
The menu includes beers, bottled and on tap, cocktails, wine and spirits, while food is provided through a partnering restaurant nearby with 10% of the sale going back to the venue in form of commission.
Highlights
– Established in 2015 and extremely well known in the area with over 200 reviews
– Strong revenue with yearly sales in excess of $500,000
– Lease expiring in June 2025 with yearly rent of only $56,000 + GST & Outgoings
– Trivia nights on Wednesdays & Live Music on Saturday and Sundays
– Easy to run with low cost of wages and no kitchen staff required
– Hands off operators with limited involvement in day-to-day activities
Priced at $120,000 + SAV and genuine reason for sale. Enquire now to discover more about this opportunity and receive a full information memorandum.
Business Broker: Matteo Melis
Ref: BR01341
Mobile: +61 433 719 112
Email: [email protected]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
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*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.
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