Business Sold Brisbane QLD Region, Queensland
Business Category
SOLD
Description
Long Established, Profitable Bar & Live Music Venue For Sale In Nundah
Long established bar and live music venue located in the heart of Nundah, only 15 minutes drive north from Brisbane CBD. Operating 5 days a week, the venue attracts residents from the local suburb and surroundings with events such as live music, trivia nights and more.
The menu includes beers, bottled and on tap, cocktails, wine and spirits, while food is provided through a partnering restaurant nearby with 10% of the sale going back to the venue in form of commission.
Highlights
- Established in 2015 and extremely well known in the area with over 200 reviews
- Strong revenue with yearly sales in excess of $500,000
- Lease expiring in June 2025 with yearly rent of only $56,000 + GST & Outgoings
- Trivia nights on Wednesdays & Live Music on Saturday and Sundays
- Easy to run with low cost of wages and no kitchen staff required
- Hands off operators with limited involvement in day-to-day activities
Priced at $120,000 + SAV and genuine reason for sale. Enquire now to discover more about this opportunity and receive a full information memorandum.
Business Broker: Matteo Melis
Ref: BR01341
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: XXXXXXXXXX
Ref: BR01341
Timestamp: XXXXXXXXXX 0040
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