Price
$850,000 + Stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Gold Coast Region
Category
Bars/Nightclubs
Listing #
GC00256
One of the most successful night clubs on the Gold Coast is offered for sale.
Original owner for over 7 years, with 2 refurbishments, latest one was completed late last year with over $250,000 spent to upgrade venue.
State-of-the-art sound and lighting – no money to spend.
Trading only 2 nights a week – Friday & Saturday nights, catering to local clientele.
Accountants financial figures show a net profit of over $300,000 after all expenses.
Run under full management – no working partners.
Owner wishing to sell due to a new overseas venture.
All the marketing and promotions are in place for new owner to takeover, with forward function bookings.
Walk in and start make great $$$ from day one.
Asking Price: $850,000 plus Stock
For further information please complete an online confidentiality agreement by clicking on the ENQUIRE NOW button.
For full details contact Baz Sanjakdar
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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*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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