Business For Sale Melbourne, Victoria 3000
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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