Under Contract

4 Day Rooftop Bar, Fully Managed - PF1423

$500,000

  • Weekly takings of approx. $23,000 (growing substantially over the warmer months)

  • Rent is $1,670 per week inc GST + outgoings

  • Long lease available 3+3 years with options to extend, with agreeable landlord.

  • Operational only 4 days/nights per week (Thursday-Sunday) with plenty of scope to increase hours of operation.

  • The business has over 190, 5 star reviews being the best in the region. The venue has also generated a very strong social media following as well as a huge Customer Relations Management data base.

  • The business has a perfectly maintained Liquor Licence to operate till 1am

  • With a track record of success, the bar has consistently been a hotspot for social gatherings, celebrations, and after-work unwind sessions. Its proven profitability is a testament to its popularity and the enduring demand for unique, elevated experiences.

  • The bar's contemporary design, upscale furnishings, and ambient lighting create an exclusive ambiance that sets it apart from the ordinary.

  • The business has a Control 4 remote operating system which allows the user to control the lighting, music and security cameras remotely, as well as arming and disarming the alarm system.

  • The establishment is operated by 1 full time manager, 2 x part time senior staff and a strong list of casual team members.

  • The owner is willing to provide a reasonable handover period and comprehensive training to the new owner if needed, however exceptional SOP’s are in place.

  • The venue is operating successfully, by acquiring this business you are essentially buying a turnkey operation with an established customer base. This will potentially save time and effort compared to the uncertainty of starting a new bar from scratch.

  • Investing in this business means investing in an experience that keeps customers coming back for more which creates more prominent cash flow for the new owner/s.

 

 

Details

Suburb Berwick
Property Type Business
Category Food/Hospitality, Food/Hospitality, Food/Hospitality

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