Iconic Licenced Bar & Music Venue | Brand New 5 Year Lease
Belconnen, Australian Capital Territory 2617
$399,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Iconic licenced bar and music venue
- Two bars, restaurant, main and second stage
- 500 square metre flexible space with moveable walls
- Brand new five year lease in place
- Experienced staff; full training and handover offered
- Strong potential to expand events and food sales
- Turnover: $1.5M
- Net Profit: Not disclosed
- Rent/Lease: Weekly $3,550; Brand new 5 year lease
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Alcohol Liquor Shop Restaurant
This is possibly the most fun business opportunity I have come across in quite some time. The business is an absolutely iconic local venue that has hosted some of the best Australian and International bands, comedians and artists.
The business has 2 bars, a restaurant a main stage, a smaller second stage an artists green room and an outside dining and enjoys an expansive area covering 500 square meters and with moveable walls it is highly versatile.
The staff running the business are highly experienced professionals who are deeply passionate about the entertainment industry and work incredibly hard to support the business and are more than capable of dealing with most of the day to day running of the business. The current owners love the business and attend to it regularly but both have full time jobs and do not contribute directly to the roster.
An established operator with industry experience is going to see this for what it is, an absolute gem of an opportunity and with owners who are looking to slow down and focus on other aspects of their lives they are prepared to offer a full training and handover with further consultancy available if required.
$1.5M Annual Sales
Lease Info
There is a brand new 5 year lease in place.
Opportunity
An experienced operator can expand the business significantly, as much potential remains untapped.
*Strong potential to increase programme of 'In House' events to generate ticket sales revenue and complement the events run by external promoters.
*Promoting the food side of the business. The business could do more with delivery partners and the offering could be expanded and marketed further.
*With a current focus on bands and comedy, expanding the offering to include weddings, private parties, presentations, product launches and more is possible.
*Strategic Acquisition. This business sells a lot of beer! if you own a microbrewery then this is a super exciting opportunity for you to grow your business and access new markets and industry expertise.
Weekly Rent $3,550
The business has 2 bars, a restaurant a main stage, a smaller second stage an artists green room and an outside dining and enjoys an expansive area covering 500 square meters and with moveable walls it is highly versatile.
The staff running the business are highly experienced professionals who are deeply passionate about the entertainment industry and work incredibly hard to support the business and are more than capable of dealing with most of the day to day running of the business. The current owners love the business and attend to it regularly but both have full time jobs and do not contribute directly to the roster.
An established operator with industry experience is going to see this for what it is, an absolute gem of an opportunity and with owners who are looking to slow down and focus on other aspects of their lives they are prepared to offer a full training and handover with further consultancy available if required.
$1.5M Annual Sales
Lease Info
There is a brand new 5 year lease in place.
Opportunity
An experienced operator can expand the business significantly, as much potential remains untapped.
*Strong potential to increase programme of 'In House' events to generate ticket sales revenue and complement the events run by external promoters.
*Promoting the food side of the business. The business could do more with delivery partners and the offering could be expanded and marketed further.
*With a current focus on bands and comedy, expanding the offering to include weddings, private parties, presentations, product launches and more is possible.
*Strategic Acquisition. This business sells a lot of beer! if you own a microbrewery then this is a super exciting opportunity for you to grow your business and access new markets and industry expertise.
Weekly Rent $3,550
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.