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Bar/ Nightclub/ bottle shop for Sale in St Kilda

$420,000

Details

  • $420,000
  • Leisure/Entertainment , Food/Hospitality

LKBB has been appointed to offer you the opportunity to purchase not just a Bar but a piece of Melbourne’s History.
Located in heart of the St Kilda pub/hotel/backpackers/ retail district. This business enjoys the high flow foot traffic and landmark location of Melbourne.
The Bar is situated on a prominent corner position with plenty of street frontage and visibility.
This business and has undergone major refurbishments in recent years transforming it into an upmarket pub and popular function venue and meeting place.
A 3am Late night (general) Licence provides the incoming investor or operator with the unique opportunity to acquire tenure of a trading business derived from a sound mix of locals, surrounding restaurants, bars and functions, together with an off premises license which has never been utilised.
Yes a Bottle shops license until 3am in St Kilda! This is an old liquor license which is irreplaceable and priceless to the right operator.
Quick Facts:
• A 3am Late night (general) Licence in place for 90 patrons.
• Rent per month: $7,859.27 + gst + outgoings
• Long Lease of 30 years: 5 x 5 x 5 x 5 x 5 x 5 = 21 years left in total
• Large outdoor area with seating
• Small kitchen. Opportunity to further increase food sales
• Fantastic fit-out.
• Huge scope to extend business operating hours
• Opportunity to set-up bottle shop/ delivery service/ takeaway

This is an exceptional opportunity and perfect timing to acquire a bar in one of Melbourne’s premier tourist and beach-side precincts. This uniquely rare offering boasts a business that offers a strong trading history that benefits from its strong patronage and landmark location.
Detailed set of accountants verified books showing an annual net profit in excess of $190,000. Income boosters such as the yearly St Kilda festival, long weekends, NYE add to the bottom line.

For a confidential discussion please contact Lev Khazhiner today on 0411 705 913

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Agent(s) for this listing

Lev Khazhiner

Business Sales Specialist
Office: 1300 315 223
Mobile: 0411 705 913
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