Burleigh Heads, Queensland 4220

Well Known Hidden Bar

For Sale | $735,000

Bars/Nightclubs

This is a local's venue that has all you want in a small bar with live entertainment and more. Very desired Gold Coast location, that keeps growing in popularity amongst locals and tourists.
Very Unique small bar liquor licence, no food required to be served.

Great return taking into account the business only traded at 50% capacity and closed for weeks due to lockdowns prior to the borders reopening 13th December 2021..now at 100% capacity.
Current Forecast F22 Net sales $1,246,639 with a forecast profit of $300,355.
Established, profitable business with a strong and growing local following.

Great reviews, online presence, and reputation.
Excellent location and great long-term lease in place.
Fully trained and capable team in place to ensure continuity.

Key Points:
Small bar liquor licence.
Lease to 2022 plus 5-year option.
100 pax Capacity.
Easy to operate.
Only trades 37 hours per week.
No food.
100% under management, a full team in place.
Enviable increase in revenue and profit year on year (excluding (COVID)
Closed during COVID but since re-opening has been going from strength to strength.
An enviable fit-out.
Excellent social media presence.


Asking price: $735,000 + SAV

For a detailed Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/9CUtiribyu4hjSL16

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Dru Morgan



Marketing By


Dru Morgan

Business Brokers Network

Overview

This Bars/Nightclubs Business is one of 127 businesses for sale in Gold Coast, Queensland, and one of 1 Bars/Nightclubs Businesses in this region that a business for sale currently has on offer. This Bars/Nightclubs Business is for sale in Gold Coast for the asking price of $735,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..