Established 2017, The business is Orange's only dedicated local live music venue, and LGBT Safe space. Received regular government grants because of our strong support for local and visiting live musicians.
Only trading 2.5 nights a week:
Thursday: 6pm-9:30pm (Trivia night - only started Trivia this year)
Fridays: 6pm-1am (Live music, or House music for dancing)
Saturdays: 6-1am: (Live music, or House music for dancing)
Business is now ready for someone with energy and drive to build it to the next level. (I was medically retired 10 years ago, and am now tired..)
First two years spent trying to break straight into the restaurant scene - too many were in Orange.
Changed the business model February 2020 to current setup and went straight to making great % net profits.
Increasing revenue and solid net profits for last 3 years running, but now we are WELL established with large Social media following, its time to add a small kitchen back in and increase revenue through both "bar food" and the extra drink sales that will come with people eating at the venue.
Last three years sales: Approx. $982,000
Last 3 years net profit: Approx. $319,000
Sold as a going concern - approx. $40,000 of alcohol stock, great team of casual staff keen to stay on, training provided.
Liquor license will be transferred to new owner/licensee.
All social media accounts, website, Intellectual property etc included... WIWO
Reluctant sale due to needing to go back to being medically retired.
Some vendor finance considered for suitable buyer with demonstrated business nous, and an understanding of how they will run a business to maintain and build it going forward.
Profit/ Loss Statements (all profits) available on request, 2 x Valuations available on request, Tax returns available from accountants.
For more information, please contact us by using the form below.
