- Categories: Food/Hospitality
Premium Bar in Vibrant Location
An exceptional opportunity to own a state-of-the-art bar in the heart of a vibrant area. This high-profile venue offers an impressive fit-out, excellent profits, and significant potential for growth.
This business includes:
* Two fully equipped bars and a full commercial kitchen.
* Large cool room and brilliant fit-out with no expense spared.
* Seating capacity for 300 patrons, with two courtyards and an attractive upstairs function room.
* Operating 5 days a week, closed on Mondays and Tuesdays, with license hours until 3 am.
Key points:
* Easy operation with an annual turnover of $1,560,000 and a gross profit of 77%.
* Predominantly beverage sales with high-profit margins on food due to functions.
* Lease term with monthly rent of $14,012.
* Stock valued at $20,000.
* Excellent potential for growth through extended hours, UFC nights, trivia, comedy nights, and more.
Situated in a prime location with a state-of-the-art fit-out, this bar offers huge potential for further development and increased profitability.
Contact now to seize this superb opportunity to own a thriving bar in an excellent location with substantial cash flow and growth potential.
Listing ID: ME02923
Broker: Nouha Mohtadi
