Bar - Very popular venue - TQQ1142

Industry: Food/Hospitality - All | Listed by: SBX Business Brokers
Key Strengths
About this business
Bar - 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 - Outstanding quality fitout with state of the art lighting and furnishings.

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.- Sales could expand to $25,000 p.w. and profit over $5000 p.w.

Features
First class quality fit out - Great corner location - Low rent and long lease - Priced to sell with great profit and sales.

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
1 owner + 3 full timers + 1 casual

Comments
The figures above are based on an owner working in the business full-time. The reality is the current owners do not work in the business as they have a number of other businesses they are involved in. - The overall standard and quality of the venue is without a doubt one of the best in Brisbane. - Outstanding opportunity to expand this profitable bar to new levels. - High quality presentation - First time offered.

Figures
Weekly Sales $16000
Rent (ex GST) $2200
Wages $3725
Profit $3000


Agent SBX Code Number: TQQ1142 - SBX Business Brokers
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Location:
QLD
Asking Price:
$225,000
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 - Very popular venue - TQQ1142 ListingImage
About this business
Bar - 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 - Outstanding quality fitout with state of the art lighting and furnishings.

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.- Sales could expand to $25,000 p.w. and profit over $5000 p.w.

Features
First class quality fit out - Great corner location - Low rent and long lease - Priced to sell with great profit and sales.

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
1 owner + 3 full timers + 1 casual

Comments
The figures above are based on an owner working in the business full-time. The reality is the current owners do not work in the business as they have a number of other businesses they are involved in. - The overall standard and quality of the venue is without a doubt one of the best in Brisbane. - Outstanding opportunity to expand this profitable bar to new levels. - High quality presentation - First time offered.

Figures
Weekly Sales $16000
Rent (ex GST) $2200
Wages $3725
Profit $3000


Agent SBX Code Number: TQQ1142 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:2200

Trading Hours:

Website:

$225,000

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