Staff Managed Bar
Boston Brokers is delighted to welcome to the market this well established popular bar venue business, which is ideally located within a high street trading location in Inner Melbourne.
Our client offers a wide variety of beverages including cocktails, craft beers, draught beers, ciders, real ales, spirits, wines, as well as a variety of tapas. The business has built up an enviable reputation within the area for the very high quality of the services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
The business genuinely comes to the market as our client desire to focus on other interests. This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
- Well established over 15yrs
- Popular late night bar venue
- Licensed 1am for 70pax
- Secure 12 year lease
- Operating 6 nights
- Modern contemporary décor
- Commercial kitchen
- Excellent fixtures, fittings and equipment
- Under full management
- Long term seasoned employees and managers
- Owners will fully participate in smooth transfer of business
The business generates a very healthy turnover in the region of $1,000,000 with a nett profit at around 25% profit.
*** In order to accommodate prospective buyers, phone conferences and in-person meetings with the seller are being scheduled once a confidentiality agreement is in place and a financial ability has been established.