Melbourne Bar/club $60k/week Ave Takings

Business For Sale Melbourne, Victoria 3000

Business Category

$2,200,000

Description

Melbourne Bar/club $60k/week Ave Takings

Immaculate financial records
Price $2.2m plus SAV

The owners of this well-run venue are a group of six shareholders. Some want to go their separate ways so a decision has been made to sell the business entirely.
- Excellent lease and landlord
- Rent is around $3k/week
- None of the owners work at the venue, fully ran by staff and management
- The lead owner has an accounting and finance background and all financial records are immaculate and above board
- The venue is located in Melbourne’s South-East
- It has been established for almost 10 years
- No food is served - drinks only
- No competitors nearby with a similar liquor licence
- 1200sqm approx floorspace
- 900 patron capacity (indoors & outdoor beer garden)
- The current owners have the business open for only two evenings per week on Fridays and Saturdays

This is an excellent business. High margin drinks, two-day operation, tens of thousands of dollars in weekly cash flow. There’s also plenty of opportunities to grow. There are five days a week where the venue could be utilised and more cash flow generated.

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Note: Some images are for illustration purposes and not of the actual venue.

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Finn Business Sales
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National Brokerage

Bsale ID: 561678
Broker REF: 6674912

The Finn Group
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