For Sale $700,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

QLD

For Sale $700,000

Business Details

Nightclub - Bar - Queensland North Coast

\nNightclub - Bar - Queensland North Coast - Agent SBX Code Number: TQQ1082

Bar - nightclub hosting events and music nightly with popular DJs including international guest DJs from USA . - sold out at each event - downstairs bar, upstairs bar / function room serving a large range of alcohol beverages, beer, soft drinks. - Brand new fit out just completed - the venue has 620 capacity.

Potential
Facebook currently has 10,000 likes - Increase promotions and introduce functions and corporate events. - New lock out laws will have minimal effect on trading as minimal competition - very popular venue.

Features
Well established. - Brand new $300,000 fit out - Great location - Run under management.

Premises
Historical building with interior modern state of the art lighting and an area of 1,012 sq.mts.

Location
Situated in very popular tourist strip In main street of town amongst restaurants and cafes.

Trading Hours
5 days - Tues. - Thurs. - Fri. - Sat. & Sun. - 8 p.m. - 5 a.m.

Lease
Current lease commenced 09/06/2014 - Expires 08/06/2024

Employees
1 owner (10 - 15 hrs per week) - 2 full time managers- 12 -15 casual staff

Comments
Suit two owner operators to save on wages, or keep under management and focus on marketing and events. - Amazing opportunity to own a nightclub and bar with unlimited potential.- Miscell. 1 - $7170 is for Security, Cleaning, Maintenance, Licenses & Permits. - Owner is happy to provide a portion of vendor finance to suitable buyer /s.

Figures
Weekly Sales $35000
Rent (ex GST) $7200
Wages $3000
Profit $7500

Agent SBX Code Number: TQQ1082 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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