Fortitude Valley, Queensland 4006

Prestige Nightclub, Bar & Party Venue - Business For Sale Ref #4054

For Sale | $1,250,000 WIWO

Alcohol/Liquor Bars/Nightclubs Function Centre

This entertainment venue has it all …

From the moment you walk in the front door the ambience and amazing decor cannot fail to impress.

The outstanding quality of fixtures and modern equipment reflects the passion of the owner who has built this impressive venue from scratch.

Included is a bar/reception area and ten fully featured karaoke rooms of varying sizes to accommodate private parties.

Opening out from the bar is a first floor outdoor balcony with all-weather retractable awnings.

A fully equipped professionally designed commercial kitchen and food prep area completes the package.

* Turnover > $3m pa
* Highly profitable
* Operates under management with Owner supervision
* Beautiful, elegant, modern and functional fitout
* Located in the heart of the popular Fortitude Valley
* Long lease with options
* Gross rent $17,726 + GST pcm
* Outstanding regular up-market clientele

This venue has been trading for more than two years and is offering a new owner the benefits of all the hard work of the start up period.

Asking Price: $1,250,000 WIWO

To find out more information about this business, please complete the confidentiality agreement quoting reference number: MB 4054
https://absbusinesssales.com.au/confidentiality-agreement

Broker: Ian MacPherson| E: ian@absbrisbane.com| P: 0410 446 127

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Ian MacPherson



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Ian MacPherson

ABS Business Sales

Overview

This Alcohol/Liquor Business is one of 15 businesses for sale in Northgate, Queensland, and one of 18 Alcohol/Liquor Businesses in this region that a business for sale currently has on offer. This Alcohol/Liquor Business is for sale in Northgate for the asking price of $1,250,000 WIWO and has been on market for less than 3 months.