Bar Under Management - Hawthorn East (under Contract) Mw1516

(Under Contract)

On offer is a highly popular craft beer and cocktail bar, including a small liquor store. Operating profitably under management.

Asking price: $40,000 plus stock approx. $18,000.

- Weekly sales currently approx. $15,000 per week. There is huge potential for this to increase with revenue historically over $30k per week (Pre Covid).

- Profit under management approx. $120k

- Seats 200.

- Liquor licence to 1am.

- Reasonable rent for the size and location of $7,000 + GST per month.

- Fantastic team of 3 full-time and 6 casual employees.

- Lease - Four (4) years starting 1 November 2018

- Two (2) further terms of four (4) years each ending 2030

Over $200k has been invested into the fitout and equipment, offering huge value for a new owner.

Property Code: 425