Bar - Under Management - Very popular venue -
TQQ1142

Industry: Food/Hospitality - All | Listed by: SBX Business Brokers
Key Strengths
About this business
Bar - Under Management - Brisbane City Fringe - Agent SBX Code Number: TQQ1142

Bar serving a superb range of wine, house spritz, a selection of beers on tap, gin, whiskey, and signature curated house cocktails, complimented with a small selection of quality artisan cheese and charcuterie - Licensed - seats 100 .

Potential
All digital marketing and fantastic website in place offering bookings for functions & special events. - Business is in growth mode and the figures will potentially grow with owner operators.

Features
Under management - Outstanding custom quality fit out - State of art lighting & furniture - Location Location - Long lease - Well established - Very popular venue.

Premises
Opulent first class bar with an intimate setting, very glamorous fit out which is one of the finest in Brisbane with an area of 149 m2.

Location
Situated on busy main road in prime night life entertainment precinct of Brisbane City Fringe.

Trading Hours
6 days - Tues. - Thurs. - 5 p.m. - 1 a.m. - Fri. and Sat. from 5 p.m. till 2 a.m.

Lease
Current lease commenced September, 2018 - 11 years remaining - CPI increases 4 % - Bond - Bank Guarantee $30,000

Employees
4 full timers + 1 casual

Comments
Currently under management. - Option for an owner to be active in the business to save on wages and keep building this amazing venue. - The overall standard and quality of the venue is without a doubt one of the best in Brisbane. - Misc.- 1 - other expenses - Outstanding opportunity to expand this profitable bar to new levels. - Current owners have family commitments and a number of other businesses which are demanding their time and energy. - High quality presentation - First time offered.

Figures
Weekly Sales $16000
Rent (ex GST) $2200
Wages $4800
Profit $1925


Agent SBX Code Number: TQQ1142 - SBX Business Brokers
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Location:
QLD
Asking Price:
$295,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
2200
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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All Comments

Bar - Under Management - Very popular venue - TQQ1142 ListingImage
About this business
Bar - Under Management - Brisbane City Fringe - Agent SBX Code Number: TQQ1142

Bar serving a superb range of wine, house spritz, a selection of beers on tap, gin, whiskey, and signature curated house cocktails, complimented with a small selection of quality artisan cheese and charcuterie - Licensed - seats 100 .

Potential
All digital marketing and fantastic website in place offering bookings for functions & special events. - Business is in growth mode and the figures will potentially grow with owner operators.

Features
Under management - Outstanding custom quality fit out - State of art lighting & furniture - Location Location - Long lease - Well established - Very popular venue.

Premises
Opulent first class bar with an intimate setting, very glamorous fit out which is one of the finest in Brisbane with an area of 149 m2.

Location
Situated on busy main road in prime night life entertainment precinct of Brisbane City Fringe.

Trading Hours
6 days - Tues. - Thurs. - 5 p.m. - 1 a.m. - Fri. and Sat. from 5 p.m. till 2 a.m.

Lease
Current lease commenced September, 2018 - 11 years remaining - CPI increases 4 % - Bond - Bank Guarantee $30,000

Employees
4 full timers + 1 casual

Comments
Currently under management. - Option for an owner to be active in the business to save on wages and keep building this amazing venue. - The overall standard and quality of the venue is without a doubt one of the best in Brisbane. - Misc.- 1 - other expenses - Outstanding opportunity to expand this profitable bar to new levels. - Current owners have family commitments and a number of other businesses which are demanding their time and energy. - High quality presentation - First time offered.

Figures
Weekly Sales $16000
Rent (ex GST) $2200
Wages $4800
Profit $1925


Agent SBX Code Number: TQQ1142 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:2200

Trading Hours:

Website:

$295,000

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