Leisure & Bar Business For Sale.

Industry: Leisure/Entertainment - Bars/Nightclubs, Leisure/Entertainment - Recreation/Sport, Retail - Food/Beverage | Listed by: No Agent Business
Key Strengths
About this business
Phone enquiries - please quote property ID 21425

Current vendor has owned this business for over 18 years.
If you want a great return on your investment, and you want to have a great trading history and minimal risk - research this opportunity.
This business can be less than 3 year pay back run under management, or faster if the new owner becomes hands on.
Can be owned and managed by either a female or male.
Current Manager has been there 8 years and wants to continue on as Manager if required.
-This business has been operating by the same Vendor for 18 years.
- Financials are available.
- The Vendor spends 2 hours a week in the business.
- Opportunity to increase takings outside of the current busy times which will result in a high NET profit of those extra takings.
- Vendor claims NET profit of $ 130,000 P/A and due diligence is welcomed by incoming investor.
Landlord has just reduced the rent by $20,000 P/A., so bottom line profit would be closer to $150,000 P/A next year.
Customers come here to relax and enjoy a game of snooker while they have a drink and laugh with friends.
The business provides a safe, comfortable atmosphere for all customers.
Purchasers must do their own Due diligence as Vendor claims $10500 a week takings which is $8000 in alcohol & $2500 through the tables.
Big premises at 500 Sqm and 18 pool tables.
Vendor runs this under management as it is a simple to run business.
A hands on Vendor would reduce wages,increase profits, and more so if promoting the business happened on a regular basis.
An inspection is a must to see this business and talk to the Vendor. Photos for display only.
Quote BSV 0900, and call Michael NOW , or submit an Enquiry Now.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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Business Name / Ref #:
Contact Advertiser
Location:
Frankston
VIC
Asking Price:
$380,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
1300 59.....
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Advertiser Details

Sell Business. Pay no commission. EVER!
Location: 26 Station Street
Moorabbin, Victoria
3189, Australia

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All Comments

Leisure & Bar Business For Sale. ListingImage
About this business
Phone enquiries - please quote property ID 21425

Current vendor has owned this business for over 18 years.
If you want a great return on your investment, and you want to have a great trading history and minimal risk - research this opportunity.
This business can be less than 3 year pay back run under management, or faster if the new owner becomes hands on.
Can be owned and managed by either a female or male.
Current Manager has been there 8 years and wants to continue on as Manager if required.
-This business has been operating by the same Vendor for 18 years.
- Financials are available.
- The Vendor spends 2 hours a week in the business.
- Opportunity to increase takings outside of the current busy times which will result in a high NET profit of those extra takings.
- Vendor claims NET profit of $ 130,000 P/A and due diligence is welcomed by incoming investor.
Landlord has just reduced the rent by $20,000 P/A., so bottom line profit would be closer to $150,000 P/A next year.
Customers come here to relax and enjoy a game of snooker while they have a drink and laugh with friends.
The business provides a safe, comfortable atmosphere for all customers.
Purchasers must do their own Due diligence as Vendor claims $10500 a week takings which is $8000 in alcohol & $2500 through the tables.
Big premises at 500 Sqm and 18 pool tables.
Vendor runs this under management as it is a simple to run business.
A hands on Vendor would reduce wages,increase profits, and more so if promoting the business happened on a regular basis.
An inspection is a must to see this business and talk to the Vendor. Photos for display only.
Quote BSV 0900, and call Michael NOW , or submit an Enquiry Now.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$380,000

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