Pub/bar/cafe For Sale

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586 Dean Street, Albury, New South Wales 2640

$100 + SAV

Key Features

AI generated. Contact seller to confirm.

Prime main street location with excellent foot traffic
Huge premises with 200+ seating and courtyard dining
Popular functions venue; bookings most weekends next two months
Full commercial kitchen and full 24-hour liquor licence
Fully under management; owner interstate with other interests
Trading seven nights for dinner; limited weekday breakfast/lunch

Turnover: $24,000 P.W.
Net Profit: Not disclosed
Rent/Lease: Not disclosed
Stock Value: Included
Established: Newly renovated; 12-year lease (including options)

Business Details

Business Category Cafe Pubs Restaurant

Opportunity to build on this newly renovated Pub/Restaurant/Cafe & Bar in Albury!

Selling price $100. WIWO, priced to sell quickly.

For sale: A newly renovated venue on the main street in Albury, located in a prime position with main road exposure and excellent passing foot traffic. The ground level premise features a 200+ seating and is under management.

Most sought-after location in Albury.
Huge premises with 200+ seating including court yard seating + outdoor dining.
Very popular venue for functions, currently having functions booked in most weekends for next 2 months.
Taking average this financial year $24,000 P.W (opening mid September 2024)
Reasonable rent for size, location and opportunity.
12 years including options long secure lease.
With full commercial kitchen
With full liquor license for late night.
Fully under management.
Peak trading periods is September to April.
Trading only 7 nights per week for dinner and drinks, Breakfast/Lunch trading Friday to Sunday.
Lots of potential to increase trade with breakfast/lunch sales during the week, plus focus on late night trading as the liquor license is 24 hour license. Only a few licenses in surrounding area like it.
Owner is always interstate where family is located and has other business interests.