Orange Whip - A Profitable Suburban Nightclub - 1p4992

Business For Sale 115 - 119 Maroondah Highway, Ringwood, Victoria 3134

Business Category

Leasehold $250,000

Description

Orange Whip - A Profitable Suburban Nightclub - 1p4992

Now that restrictions have been lifted Orange Whip has changed its offering and has become the centre of attention for those in the North Eastern suburbs. Found in the centre of Ringwood, Orange Whip has built a loyal clientele and a strong reputation in its industry with little to no competition and being in excellent condition the venue has come out of hibernation and continues to perform.

When you head in to the venue you are immediately confronted by the multitude of bars, dance floors and amazing sound and light systems. The venue features three separate rooms over two levels, each with their own bar and Dj, with the main dance floor having a dedicated stage. Above everything is an open-air courtyard. And for those wanting the VIP treatment there are booths and side rooms that can be sectioned off.

Orange Whip has a late night on premises licence until 5am with a capacity of 620. There are thirteen years left on the lease made up of 3+5+5 with the option to negotiate another term on transfer. Rent is $2750 a week including GST. There is a comprehensive fixtures and fittings list with everything that you see at the venue included and that is also all the sound and lighting equipment. Internally there has also been a recent refurbishment.

Orange Whip is a really impressive suburban nightclub and really suits a like minded group of individuals that can maintain an excellent business and expand the venue even further. The vendors are looking for offers in the region of $250,000 (Price Reduction) for this exclusively listed venue.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne
Contact Seller

Bsale ID: 533812
Broker REF: 1P4992

CRE Brokers
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