Bar Under Management - $250k/month Ave Takings

Business For Sale Melbourne, Victoria 3000

Business Category

$2,200,000

Description

Bar Under Management - $250k/month Ave Takings

Perfect for investor. Excellent financial record-keeping
Price $2.2m + SAV

Ideal for a semi-passive investor. The current owners don’t work in the bar and never have. They don’t have a hospitality background, more-so an accounting background. They are planning to move onto some new ventures and have decided to sell.
- Very high margins - COGS under 25%
- Reasonable overheads - Rent under $15k/month
- Open Fri & Sat, but can open 7 days
- Located in Melbourne’s Sth-East area
- No competitors nearby with a similar liquor licence

Due to the owners finance and accounting background, the financial records are meticulous. This will make it easy for the business to pass the due diligence test with a bank, accountant, or co-investors.

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Finn Business Sales
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National Brokerage

Bsale ID: 546239
Broker REF: 6518570

The Finn Group
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