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Posted by Hospitality Trader on 31/07/2018 in Business

BAR / FUNCTION VENUE BUSINESS FOR SALE - MELBOURNE CITY FRINGE

$550,000 - + SAV, Negotiable


Description

Versatile well established Lounge / Bar / Functions business in the highly sought after city fringe area  

With little local competition, the business plays host to a variety of corporate and private functions and events, successfully operating on only 1-2 nights per week for a number of years.


The business has an excellent set up for up to 200 patrons and purposely kept as a simple operation easily run by a single owner / operator and 2 casual staff.  The business offers Huge Growth Potential over the existing 1-2 trading nights, and always has a healthy pipeline of advanced function bookings throughout the year.

KEY POINTS

  • Only 1 - 2 Nights pw
  • On Premise licence till 7am – 7 days per week
  • Off Premise license till 11pm – 7 days per week
  • 300m2 fully renovated and equipped premises
  • Licensed 200 patrons
  • 6 month pipeline of advanced bookings
  • Consistent Year on Year Cashflow

Keen vendor, genuine buyers are encouraged to enquire for a full Information Memorandum.

Serious offers will be considered.

Contact Via Email Enquiry Form

Food & Beverage Products and Hospitality Suppliers Hospitality Trader
Hospitality Trader
(Verified Member)

Contact Hospitality Trader
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price $550,000 - + SAV, Negotiable

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