Price
$799,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Mackay and Whitsundays, Whitsundays Region
Category
Bars/Nightclubs, Bars/Nightclubs
Listing #
GC01008
Well established in a main strip of town with minimal competition.
Open Fri and Sat nights only (9pm-3am) – 12 hours total.
Local repeat client base of all demographics and age groups.
Fully equipped venue bar and booth seating with all the sound and lighting in place.
NO money to spend upon walking in – start making a huge profit from day one.
Average weekly revenue $34k with average weekly costs of $26k leaving the owners a healthy net profit of approx $8k per week.
Run under full management with a venue manager, bar manager and entertainment manager and all club, marketing and admin staffing in place.
Current owners do not work in the club at all, room for improvements.
A hands on owner operator will achieve a higher net profit with attending to the client relationships and promoting in-house.
14.8k followers on Facebook and 3.4k followers on Instagram.
Good long lease to February 2028 plus 2 x 3 year options to 2034 – with reasonable rental.
Motivated owners ready to move on to next business venture.
A hospitality operator with a flair for the industry will be very impressed at first inspection.
Please contact Baz Sanjakdar for more information.
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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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