Visit this listing at https://www.sbx.com.au/business?id=TQQ1136

Business Code: TQQ1136

Key Features: Bar and Nightclub - Sales $19,000 p.w - 5 nights - Brisbane City Fringe Qld

State: QLD

Location: Amazing location nestled amongst bars & night life on Brisbane City Fringe

Description

Bar with live bands during the week. - On the weekends the bar is filled with crowds drinking and dancing to a funky mix of music. - Award winning bar - Fully Licensed - 75 seats - total capacity 150.

Summary

  • Features: Low rent - Well established - Loyal customers - Easy to run - Amazing location in the heart of entertainment precinct. - Nightclub license.
  • Potential: Owner operators could save on wages. -Increase marketing and social media presence. - Current owner does no advertising.
  • Premises: Sophisticated downtown New York vibe with exposed brick and an area of 136 m2.
  • Trading Hours: 5 nights - Wed. - Sun. - 5 p.m. - 3 a.m.
  • Lease: Current lease commenced expires 28th May, 2020 + 5 year option - CPI increases annually - Possible bond.
  • Employees: 1 manager + 5 casuals
  • Comments: Would suit owner operators with previous experience or a new owner with marketing flair. - Owner must sell

Weekly Summary

Weekly Takings (inc GST)

$19,000

Cost of Goods

$4,750

Gross Profit

$14,250

Rent

$1,643

Wages

$5,000

Outgoings

$750

Telephone

$40

Insurance

$370

Electricity

$300

Misc1

$300

Misc2

$3,700

Total Expenses

$12,103

Estimated Stock (Additional)

$15,000

Equipment (Included)

$100,000

Net Profit

$2,147

Price

$99,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Bar - Nightclub - Under Management

Business Code: TQQ1136
Price: $99,000

Key Features: Bar and Nightclub - Sales $19,000 p.w - 5 nights - Brisbane City Fringe Qld

State: QLD

Location: Amazing location nestled amongst bars & night life on Brisbane City Fringe

Description

Bar with live bands during the week. - On the weekends the bar is filled with crowds drinking and dancing to a funky mix of music. - Award winning bar - Fully Licensed - 75 seats - total capacity 150.

Summary

  • Features: Low rent - Well established - Loyal customers - Easy to run - Amazing location in the heart of entertainment precinct. - Nightclub license.
  • Potential: Owner operators could save on wages. -Increase marketing and social media presence. - Current owner does no advertising.
  • Premises: Sophisticated downtown New York vibe with exposed brick and an area of 136 m2.
  • Trading Hours: 5 nights - Wed. - Sun. - 5 p.m. - 3 a.m.
  • Lease: Current lease commenced expires 28th May, 2020 + 5 year option - CPI increases annually - Possible bond.
  • Employees: 1 manager + 5 casuals
  • Comments: Would suit owner operators with previous experience or a new owner with marketing flair. - Owner must sell

Weekly Summary

Weekly Takings
(inc GST)

$19,000

Cost of Goods

$4,750

Gross Profit

$14,250

Rent (ex GST)

$1,643

Wages

$5,000

Outgoings

$750

Telephone

$40

Insurance

$370

Electricity

$300

Misc1

$300

Misc2

$3,700

Total Expenses

$12,103

Estimated Stock (Additional)

$15,000

Equipment (Included)

$100,000

Net Profit

$2,147

Price

$99,000

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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.