Under Offer - Thank You Bar - 1p5535

Business For Sale 210 Johnston Street, Collingwood, Victoria 3066

Business Category

Leasehold $95,000


Under Offer - Thank You Bar - 1p5535

Thank You Bar is on Johnston Street but not where you would have thought. It is right down the end by the Punt Road Junction. So targets a different group of regulars and locals. Their main focus being a community hub for DJ's to play and the venue has supported them throughout the Covid periods.

There is footpath trading for six outside. The front windows are bifold and so open right up and the first thing you see is the DJ booth centre stage with its CDJ's and turn tables. The bar is opposite and walking through there is the lounge room dominated by the large working fire place. Heading out back past the toilets there is large open plan courtyard with a lot of varied seating. Both the front rooms and the courtyard have interconnected custom LED lighting throughout that can be set to just about any colour. Upstairs , which can accessed by an independent entrance are two rooms and a toilet is presently used for storage.

Thank You Bar has not only an On Premises licence until 1am with a capacity of 50 but also a Limited Licence allowing take away and delivery of liquor. Hence the venue pivoting during the lockdowns to being a bottle shop and a bar. There are twelve years left on the lease made up of 2+5+5 and rent comes in at a low $800 a week inclusive of GST. All fixtures and fitting are included in the sale and there are no equipment or suppler contracts in place.

Thank You Bar has been run as a labour of love for the last few years and the vendors now have various other businesses and venues that they wish to concentrate on. Thank You Bar is the perfect first time bar for someone looking to get in to hospitality. Low overheads, some where to live if you wish and all the infrastructure is in place. It just needs your individual stamp on the venue to take it forward. The venue is being sold walk in walk out as the numbers do not do the venue justice. The vendors are therefore looking for offers in the region of $95,000 for this exclusively listed venue.

This venue is now UNDER OFFER.
Other Features / Notes
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Bsale ID: 581235
Broker REF: 1P5535

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