Night Club with 3am LicenceListing: #GC00632
About this Business for sale in Gold CoastNight Club with 3am Licence
Well established, Iconic night club in prime location.
* Local and tourist clientele base weekly
* Trading 3 nights per week only
* Run under full management, no owner contribution other than admin oversight
* Extensive fit-out with state-of-the-art sound systems and visual effects, (replacement cost well over $1,000,000)
* Licensed for 500 people capacity
* Long lease with reasonable rental
* Showing a healthy profit after all expenses
* Owners committed to other businesses and are motivated to sell
Asking Price: $499,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00632 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.