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EXCEPTIONAL BAR AND NIGHTCLUB BUSINESS FOR SALE WITH A 24 HOUR LIQUOR LICENSE $350,000

$350,000

St Kilda

Details

  • $350,000
  • Leisure/Entertainment , Food/Hospitality
Rare as hens’ teeth… literally As you know or don’t know a 24-hour liquor license is virtually impossible to get these days. It is getting harder and harder to get new 3am liquor licenses let alone a 24 hour one. This one in the hand of the right operator could truly be a gold mine. LKBB has been Appointed to offer this nightclub in the vibrant bayside suburb of St Kilda. The Property currently spans over 2 levels and has undergone a well thought out $600k+ refurbishment last year, transforming the venue into a beautiful club with an eclectic décor. The venue is popular with regular patrons, as well a private function venue and meeting a place for patrons to relax and enjoy. This opportunity provides the incoming investor or owner operator with the unique proposition to acquire a business which is already profitable, only trading Saturday and Sunday with an opportunity to further expand trading hours and days of trade. Currently the turnover is $25,000 per week and it is clear that there exists further potential to make a lot more money… 24-hour Liquor Licence with favourable conditions and 300 patron capacity. Long secure 15 year lease (5x5x5) in place to ensure business longevity and success. All the hard work has been done. Ready for the right purchaser to take this cash cow to the next level. Asking price $350,000 For a confidential discussion please contact Sammy Prosser on 0419 392 044 or Lev Khazhiner on 0411 705 913 All enquiries must complete a confidentiality agreement. Venue viewing by appointment only.
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Agent(s) for this listing

Samuel Prosser

Business Broker
Office: 0419 392 044
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