General Description
Night Club, bar and restaurant serving a Spanish and Latin American cuisine with a side dish of Salsa dancing. Dining downstairs and a Salsa nightclub upstairs. 140 seats downstairs. 160 seats upstairs. 90 seats outside. Serves lunch, dinner. Night
Club liquor licence. Full financials available upon request. A very solid and secure business which has been trading for over 7 years. Turnover and profit provided is as per accountants figures.
Potential
Booming area - business going from strength to strength.
Features
Location. Very long lease. Prime waterfront location. Nightclub Licence. Run under management.
Premises
This business has an area of 365 sq. mts. and is in new condition.
Location
Prime waterfront location. Truly unique.
Trading Hours
7 days - Sun. - Mon. -Tues.-Wed - 8 a.m. to 1 a.m.next day - Thurs. - Fri. - Sat.- 8a.m. - 3a.m. next day.
Lease
Commenced October 2003 - 10 year lease + 5 + 5. CPI increases. 4.5 months bank guarentee
Employees
1 part time owner + 6 rotating chefs + 5 full time + 5 part time
Comments
Buy now and take advantage of the new surrounding developments. Great secure investment. With spectacular harbour views, it makes for a perfect place to dine / dance. Catering for all types of occasions, including corporate functions, weddings, birthday parties, hens & bucks nights. Specialises in Latin music and also offers Latin dance classes.
|
| Weekly Takings |
$52,424 |
| Cost of Goods |
$17,081 |
| Gross Profit |
$35,343 |
| Rent |
$8,813 |
| Wages |
$12,414 |
| Outgoings |
$ |
| Telephone |
$146 |
| Insurance |
$606 |
| Electricity |
$906 |
| Gas |
$ |
| Misc 1 |
$ |
| Misc 2 |
$ |
| Total Expenses |
$29,926 |
| Nett Profit |
$5,417 |
Price |
$1,300,000 |
Estimated Stock |
20,000 |
| (Additional) |
Equipment |
800,000 |
| (Included) |
|
