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Leisure & Entertainment business for sale in Brunswick East

  • Leisure & Entertainment
  • 436 Lygon Street Brunswick East VIC 3057
  • Leasehold $95,000

Dunning Kruger - 1P4928

Ever met someone so foolish they can't even recognise it? There's a term for it: the Dunning Kruger effect. The vendors thought that of themselves when they salvaged the shell of an old fruit store to create the venue. It is now a charmingly simple place at the top end of Lygon Street in Brunswick, that clearly ticks all boxes when you wake up one morning and decide you want to own a bar with minimal risk, a great name and reputation and everything set up.

Inside there is a small bar to the rear of the venue which looks out over the whole venue, which is not too large. It is easy to catch the bar tenders eye wherever you are. There's an eight-seat table, standing tables, a black brick bar and a few padded banquettes at the front. There are beautiful tiles on the ceiling, ropey cables and dangling bulbs, dark timber and white-washed brick walls through out. It's kind of anti-fashion, the sort of place that reveals its charms once you get used to it. Behind the bar are a couple of toilets and then an almost secret exit that leads to the rear of the building and in to a fully self contained one bedroom flat. This has a car port that can be used as such or a rear patio garden.

Dunning Kruger has an On Premises licence until 11pm with a capacity of 45. Rent is a very low $715 with no GST charged. There are nine years left on the lease made up of 1+4+4. All fixtures and fittings are included in the sale and there are no equipment leases or contracts in place.

This is the ideal starter venue for an owner operator to begin their journey within the hospitality industry. Everything is in place and there is also somewhere to live, or that living area can be sublet. The arrival of a daughter is the reason for sale and so the vendors are motivated sellers looking for offers in the region of $95,000 for this exclusively listed venue.

Business Highlights

Business ID2016048908
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Last updated  3 Feb 2020
Map for 436 Lygon Street Brunswick East VIC 3057
Map for 436 Lygon Street Brunswick East VIC 3057436 Lygon Street Brunswick East VIC 3057
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