Nightclub / Prime Tourist Location
About this business for saleNightclub / Prime Tourist Location
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
+61 7 5572 2122
+61 412 488008
*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.