South Coast
NSW
$188,000
Award Winning Live Music Venue - $270K ProfitPrice: $850,000Net Profit: $270,000 |
Visit this listing at https://www.sbx.com.au/business?id=PM1100 |
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PREMIUM LISTING
Business Code: PM1100 Key Highlights
About the Business For Sale**** Lazybones Lounge - An Inner West Institution **** Lazybones Lounge has been the Inner West's home of live jazz, blues and soul for 13 years. In 2025 it was named Licensee of the Year at the APRA AMCOS Music Awards, and it's now for sale for the first time in over a decade. * FY26 turnover $1.65M, adjusted net profit $270,510 (up 28%) * Licensed for 200 across two characterful levels, including a private function room * Live music six to seven nights, with a late kitchen and cocktail and whiskey bar * Low rent: 5.4% of turnover, lease to 2028 plus 2 x 5-year options * Experienced team in place, including a full-time bar manager and sound engineer * No pokies, just music, food and drink, with room to grow The owners are moving on to spend time with family. Handover is negotiable. A confidentiality agreement is required for the Information Memorandum. Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Yearly SummaryAnnual Revenue$1,650,000Estimated Stock (Additional)$35,000Net Profit$270,000Price$850,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
PREMIUM LISTING
Award Winning Live Music Venue - $270K Profit
Business Code: PM1100Category: Bars & Nightclubs, Premium
State: NSW
Key Highlights
- Late night licence: extended trading authorisation allows trade until 3am Thursday to Saturday, from 10am daily.
- Rising margin: profit margin up from 13.5% to 16.4% in a year.
- Four income streams: bar, kitchen, door charges and private functions.
- Distinctive fit out: chandeliers, velvet, leather lounges and a hand painted ceiling mural.
- Strong media profile: featured in Broadsheet, Concrete Playground and Sydney.com, and promoted on community radio.
- Prime position: In the heart of the Inner West dining and nightlife strip.
About the Business For Sale
**** Lazybones Lounge - An Inner West Institution ****
Lazybones Lounge has been the Inner West's home of live jazz, blues and soul for 13 years. In 2025 it was named Licensee of the Year at the APRA AMCOS Music Awards, and it's now for sale for the first time in over a decade.
* FY26 turnover $1.65M, adjusted net profit $270,510 (up 28%)
* Licensed for 200 across two characterful levels, including a private function room
* Live music six to seven nights, with a late kitchen and cocktail and whiskey bar
* Low rent: 5.4% of turnover, lease to 2028 plus 2 x 5-year options
* Experienced team in place, including a full-time bar manager and sound engineer
* No pokies, just music, food and drink, with room to grow
The owners are moving on to spend time with family. Handover is negotiable.
A confidentiality agreement is required for the Information Memorandum.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Yearly Summary
Figures include GST unless stated otherwise
Annual Revenue
$1,650,000
Estimated Stock (Additional)
$35,000
Net Profit
$270,000
Price
$850,000
+ Estimated Stock (SAV) $35,000
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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.