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BAR & FUNCTION VENUE

Docklands 3008
$425,000 ONO

Description

Bar and function venue for Sale in Melbourne. Overlooking Melbourne’s stunning Victoria Harbour, this outstanding business is an exceptional entertainment and function venue, just minutes from Melbourne’s CBD. The venue has recently been fully renovated with no expense spared on its “On trend” modern fitout and styling. The venue includes a very large ground floor bar, dining and lounge area, a separate ‘pavilion’ function space at the front of the property, and two upstairs function spaces with ample licensed outdoor seating areas.

One of the key features of this business and its success is due to its late night on premise liquor licence (3am) with an internal capacity of 374 patrons while an external capacity is unlimited.

This business opportunity is the complete entertainment PACKAGE, with a variety of spaces to suit all patrons. This is one of the best buys for SUMMER 2019! Call Michael 0423 287 048

BUSINESS HIGHLIGHTS:

  • Average sales of $25,000 + higher in summer
  • Priceless “Late night – on premise” Liquor license till 3am
  • Outstanding location with breathtaking views of the CBD and the harbour
  • Net profit of $208,000 + vendors wage of $78,000 p.a
  • Run under semi management (owner works 15 hours a week)
  • Huge licenced space for 374 patrons over 510 sqm
  • Stunning 1st class fit out – recently renovated
  • All equipment fully owned & included in the sale
  • Huge commercial kitchen with walk in cool room, freezers, Full POS system & walk-in keg room
  • Multiple function spaces & revenue streams
  • Huge scope for growth by increasing current trading hours &/or open on Sundays
  • Currently trades 6 days 3.30pm to late

Price Reduced: $425,000 negotiable

*Full Financials available following inspection to qualified buyers 

Call Michael 0423 287 048 to inspect

 

  • Docklands 3008, Melbourne, Australia
Michael Dillon
Michael Dillon
0423 287 048
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