Visit this listing at https://www.sbx.com.au/business?id=CB1395

Business Code: CB1395

Key Features: Function centre and night Club with Entertainment and Concerts - Sydney

State: NSW

Suburb: Liverpool, 2170

Location: Well located in busy business area of thriving South West Sydney with huge growth potential.

Description

Function centre and night Club with Entertainment and Concerts - Disco until 2 am - Suitable for weddings, corporate events, seminars and a variety of functions - Great seating capacity at 180 - 200 guests and well presented and large bar - Large well equipped kitchen with walk-in cool room - Functions usually utilise premises from 5.00 p.m. until 10.00 p.m. - Disco club is operated from 10.30 p.m. until 2.00 a.m. - Currently Friday and Saturday nights. - Licensed - Large area 300m2

Summary

  • Features: Great location. - Strong local support - Excellent ambiance - Ability to provide for both functions and disco. - Well established. - Council approved till 2 am on Friday and Saturday
  • Potential: Target social media - Utilise early weekdays more.
  • Premises: Business located on upper floor, with full facilities, including well presented bar and two guest access points and an area of 300 sq. mts. Recent full refurbishment with new curtains, new chairs and fully painted.
  • Trading Hours: Hours to suit depending on the functions 7 days - Mon. - Thurs. - 10.00 a.m. - 12.00 p.m. - Fri. - Sat. - 10.00 a.m. - 2.00 a.m. - Sun.- 10.00 a.m. - 10.00 p.m.
  • Lease: Commenced Feb 2022 - Expires Feb. 2025 + 3 year option - 6% increase - Bond 4 months.
  • Employees: 3 owners + 1 Manager + 2 casuals
  • Sale Reason: Consolidate business interests.
  • Comments: Misc.- 1 - Security - Misc.- 2 - Repairs & maintenance - Cargo lift available to enable stocking. - Vendor may be able to arrange finance to approved applicants. - Any inspections need to be arranged in advance through your broker

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings (inc GST)

$13,450

Cost of Goods

$3,400

Gross Profit

$10,050

Rent

$1,445

Wages

$2,780

Telephone

$60

Insurance

$80

Electricity

$200

Gas

$80

Misc1

$500

Misc2

$500

Total Expenses

$5,645

Estimated Stock (Additional)

$15,000

Net Profit

$4,405

Price

$279,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Function Centre - Night Club - Disco - Restaurant Potential

Business Code: CB1395
Price: $279,000
+ Estimated Stock (SAV) $15,000

Key Features: Function centre and night Club with Entertainment and Concerts - Sydney

State: NSW

Suburb: Liverpool, 2170

Location: Well located in busy business area of thriving South West Sydney with huge growth potential.

Description

Function centre and night Club with Entertainment and Concerts - Disco until 2 am - Suitable for weddings, corporate events, seminars and a variety of functions - Great seating capacity at 180 - 200 guests and well presented and large bar - Large well equipped kitchen with walk-in cool room - Functions usually utilise premises from 5.00 p.m. until 10.00 p.m. - Disco club is operated from 10.30 p.m. until 2.00 a.m. - Currently Friday and Saturday nights. - Licensed - Large area 300m2

Summary

  • Features: Great location. - Strong local support - Excellent ambiance - Ability to provide for both functions and disco. - Well established. - Council approved till 2 am on Friday and Saturday
  • Potential: Target social media - Utilise early weekdays more.
  • Premises: Business located on upper floor, with full facilities, including well presented bar and two guest access points and an area of 300 sq. mts. Recent full refurbishment with new curtains, new chairs and fully painted.
  • Trading Hours: Hours to suit depending on the functions 7 days - Mon. - Thurs. - 10.00 a.m. - 12.00 p.m. - Fri. - Sat. - 10.00 a.m. - 2.00 a.m. - Sun.- 10.00 a.m. - 10.00 p.m.
  • Lease: Commenced Feb 2022 - Expires Feb. 2025 + 3 year option - 6% increase - Bond 4 months.
  • Employees: 3 owners + 1 Manager + 2 casuals
  • Sale Reason: Consolidate business interests.
  • Comments: Misc.- 1 - Security - Misc.- 2 - Repairs & maintenance - Cargo lift available to enable stocking. - Vendor may be able to arrange finance to approved applicants. - Any inspections need to be arranged in advance through your broker

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$13,450

Cost of Goods

$3,400

Gross Profit

$10,050

Rent (ex GST)

$1,445

Wages

$2,780

Telephone

$60

Insurance

$80

Electricity

$200

Gas

$80

Misc1

$500

Misc2

$500

Total Expenses

$5,645

Estimated Stock (Additional)

$15,000

Net Profit

$4,405

Price

$279,000
+ Estimated Stock (SAV) $15,000

 Print

Enquire about this listing



The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.