SMALL BAR – 12+ YRS TRADE – ITS TIME!!!
Asking Price
$395,000 + SAV
* Note: Some images may be AI generated for illustrative purposes and aren't representative of the actual business.
Turnover
TBA
Net Profit
$200k pa (Net)
Lease Terms
May 2027 + 5 + 5yr Options
Business Opportunity
This is an excellent opportunity for an astute buyer to take over the reins of a successful enterprise with over 12 years of established trade. Located just north of the CBD in a popular hospitality precinct, this venue is a “well-oiled” operation designed for longevity and ease of management.
This rare find offers:
- Unbeatable Overheads: Features “rent to die for” at approximately $5,000 per month (Gross), representing an incredible rent-to-turnover ratio of roughly 4.5%.
- Exceptional Lease Security: Excellent terms with a current lease to 2027 and two further 5-year options extending all the way to 2037.
- Proven Performance: Currently operating under semi-management, the business delivers a consistent net profit of $200,000 per annum.
- Quality Offering: Well-equipped and currently serving a popular Asian Fusion cuisine, the venue benefits from a loyal following and concise trading hours.
Key Features:
- Lifestyle-friendly trading: 5 evenings and 1 lunch (Tuesday to Saturday).
- Highly sought-after location in a established hospitality hub.
- Significant barrier to entry for new competitors in this niche.
SAY NO MORE!!! Opportunities of this calibre are rarely released to the market. Strict confidentiality applies. Enquire now to receive a detailed information pack on this premier small bar.
Contact Barry Economo on 0417 943 710 or 0466 798 887 for more information.
