Long-standing Fitzroy Bar For Sale

Fitzroy, Victoria 3065

SOLD

Key Features

AI generated. Contact seller to confirm.

Centrally located in busy shopping strip
Weekly trivia nights and comedy shows
Fully licensed for 148 patrons
Large coolroom and ice machine
Operated by one full-time manager
Potential for further growth

Turnover: $25,000 per week
Net Profit: Not disclosed
Rent/Lease: Lease of 5x5
Stock Value: Included
Established: 25 years

Business Details

Business Category

This vibrant & local favourite is centrally located in the heart of Fitzroy within a busy shopping strip and easily accessible by public transport, with a tram line running right outside the venue.

A local favourite, this bar runs weekly trivia nights, and comedy shows, & has a DJ every Friday & Saturday!

• Established 25 years, the business is currently taking approximately $25,000pw
• Trading 4 days: Wednesday & Thursday 6pm - 1am, Friday & Saturday 6pm - 3am
• Rent of $8,715 PCM plus GST and outgoings
• Lease of 5x5
• Seating capacity for 80 inside and fully licensed for 148.
• The business is run under management by 1 FT manager, 1 PT staff & 5 casuals as well as security on a Friday/Saturday.
• No kitchen but the bar does serve toasties/grazing platters
• Very large Coolroom & ice machine down in the basement
 
This Bar enjoys a loyal client base and is in a fantastic location with the potential to grow further.

Inspections are a must.

For more information and to arrange an inspection please contact Chris Panagiotidis on XXXXXXXXXX or Elle Likopoulos on XXXXXXXXXX .

Ref: B14187