Description

Bar / Nightclub / Hotel / Restaurant Business Opportunity
Prominent corner City Fringe location with excellent exposure
Currently operating as a Hotel
Opportunity to convert to Bar / Nightclub / Function Venue
State of the Art setup, equipment & facilities
Simply cannot be faulted, no expense spared
Operating fully under management
Venue has undergone renovations costing over $1.2 Million
Late Night (General) Licence Sun-Thu 11am-3am, Fri/Sat 11am-5am
Overall patronage capacity 410 (Ground Floor 250 & First Floor 160)
Lease 5 years from July 2022 with further 5 x 5 (25 years) options
Commencing Rental $295,000 Plus GST & Outgoings
Equipment WDV @ 30 June 2023 $957,613
Perfect opportunity for experienced Hotelier / Nightclub / Restaurant operator
No financial information available
Sale includes transfer of lease, transfer of liquor licence and all equipment
Business is to be sold on a Walk in Walk Out Basis
Only proven experienced hospitality operators need apply
Inspection highly recommended
Asking Price $298,000 Plus Stock
Call Mino for further details

This business is exclusively listed with BPA Business Brokers
Our Ref: 7992