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

Business Code: CB1395

Key Features: Function centre - South West Sydney Area - Sales $10,000 p.w.

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: 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: Current lease expires Dec. 2022 + 3 year option - C.P.I. increases - Bond 3 months - Landlord amenable to extension of lease.
  • 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

$250,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Function Centre - Night Club

Business Code: CB1395
Price: $250,000

Key Features: Function centre - South West Sydney Area - Sales $10,000 p.w.

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: 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: Current lease expires Dec. 2022 + 3 year option - C.P.I. increases - Bond 3 months - Landlord amenable to extension of lease.
  • 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.

Disclaimer: 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)

$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

$250,000

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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.