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Refer to Broker
First and only LA inspired Bar/Night club on the Gold Coast is up for sale due to ill health.
Launched in October 2022, with a brand new fit out, no expense spared, with glamorous decor and exquisite finishes. This venue is located in a strategic location and is a turn key acquisition, sought after by industry operators.
Exceptional branding and social media following make this late night entertainment venue stand out from the rest. Trading 2 night per week, with a huge local following of repeat customers, takings have now reached $50,000 pw and climbing weekly.
3 am liquor license with no restriction to trade 7 nights pw. Long lease of 8 years to 2030 plus 8 year option till 2038. with reasonable rental for the size of the premises. Opportunity to buy this venue now and cash in on the holiday and festive season fast approaching.
For more details on this great late night entertainment venue, contact Baz Sanjakdar.
This Venue will be sold to the right operator looking to enter the industry on a grand scale.
REF: GC00946
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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