Night Club / CabaretListing: #GC00517
About this business for saleNight Club / Cabaret
Established for over 20 years in same location with regular repeat clientele.
Current owners have totally renovated the venue 2 years ago now.
Open only 2 nights a week Friday& Saturday.
Main room with 2 bars holds approx. 500 people with a private function room with separate bar and music system to cater for alternate functions.
Run under full management, owners involvement is admin only.
Excellent presentation and state-of-the-art sound and lighting systems.
Well-designed bars to service high volume of crowds easily.
Liquor licensed to 3am with bottle booth service.
Owner/operator will improve bottom line profit and reduce overheads and staffing levels.
Current owners are motivated to sell due to family reasons.
Priced to sell at a realistic figure well below replacement costs of equipment only.
Price: $350,000 ONO
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00517 and click 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.