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

Business Code: CB1395

Key Features: Function centre - South West Sydney Area Nett $3965 pw Seats up to 180 people

State: NSW

Suburb: Liverpool, 2170

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

Description

Function centre suitable for weddings, corporate events, seminars and a variety of functions - Great seating capacity at 150 -180 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 10.30 p.m. - Disco club is operated from 10.30 p.m. until 2.00 a.m. - Currently Friday and Saturday nights. - Licenced

Summary

  • Features: Great location. - Strong local support - Excellent ambiance - Ability to provide for both functions and disco. - Well established.
  • 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.
  • 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: 1 owner + 2 bar staff + 1 chef - Casuals as required.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,000

Cost of Goods

$3,000

Gross Profit

$7,000

Rent

$1,270

Wages

$750

Telephone

$20

Insurance

$175

Electricity

$70

Gas

$70

Misc1

$330

Misc2

$350

Total Expenses

$3,035

Estimated Stock (Additional)

$5,000

Equipment (Included)

$130,000

Net Profit

$3,965

Price

$300,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Function Centre - Night Club - Disco

Business Code: CB1395
Price: $300,000
+ Estimated SAV $5,000

Key Features: Function centre - South West Sydney Area Nett $3965 pw Seats up to 180 people

State: NSW

Suburb: Liverpool, 2170

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

Parking: On site. .

Description

Function centre suitable for weddings, corporate events, seminars and a variety of functions - Great seating capacity at 150 -180 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 10.30 p.m. - Disco club is operated from 10.30 p.m. until 2.00 a.m. - Currently Friday and Saturday nights. - Licenced

Summary

  • Features: Great location. - Strong local support - Excellent ambiance - Ability to provide for both functions and disco. - Well established.
  • 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.
  • 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: 1 owner + 2 bar staff + 1 chef - Casuals as required.
  • Sale Reason: Consolidate business interests.
  • Comments: Misc.- 1 - Security - Misc.- 2 - Cleaning ($300) Waste removal ($50) - Cargo lift available to enable stocking. - Vendor may be able to arrange finance to approved applicants.- Price includes stock. - Any inspections need to be arranged in advance with the vendor. - Liquor trading hours currently finish12.00am - Vendor has applied to reinstate 2.00am closing

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

$10,000

Cost of Goods

$3,000

Gross Profit

$7,000

Rent (ex GST)

$1,270

Wages

$750

Telephone

$20

Insurance

$175

Electricity

$70

Gas

$70

Misc1

$330

Misc2

$350

Total Expenses

$3,035

Estimated Stock (Additional)

$5,000

Equipment (Included)

$130,000

Net Profit

$3,965

Price

$300,000
+ Estimated SAV $5,000

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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.