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Vibrant Bar Business For Sale Belgrave For Sale

Belgrave, Victoria, Australia
Asking Price:
On request
Sales Revenue:
$100,000 (AUD)
Cash Flow:
Not applicable

This well patronised and vibrant bar business for sale has a sensational fit out with custom built fixtures.

This bar is located on the main road in Belgrave, the gateway to the Dandenong Ranges and a main station for the iconic Puffing Billy Railway. The bar is popular with locals and the many tourists who come to this area and stay in the holiday accommodation in the area.

Short trading hours 3 nights of the week - Thursday to Saturday, from 8pm until early morning. The premises is fully licenced for 50 people until 7am on Mondays to Saturdays and until 11pm on Sundays, so there is potential to extend trading days.

Currently offers live music and there is plenty of scope for a new owner to source various live bands or musicians to appeal to a varied clientele and to attract different patrons.

The current owner works in the business with the assistance of 1 casual staff.

This bar is turning over an average of $100,000 per annum trading only 3 nights of the week. There is a secure lease of 5x5 which commenced in March 2022. Rent is $1,070 per month including GST.

This bar, which has been at this location for 20 years, is perfect for someone looking for a lifestyle business.

Call today for an inspection.

Property Information

Real Estate:

Lease

Lease Terms:

5x5 Commenced 1/3/2022

Location:

This bar is located on the main road in Belgrave, the gateway to the Dandenong Ranges and a main station for the iconic Puffing Billy Railway. The bar is popular with locals and the many tourists who come to this area and stay in the holiday accommodation in the area.

Business Operation

Reasons for selling:

Retire from the Industry

Trading hours:

3 Days; Thu 8pm - 4am; Fri & Sat 8pm - 7am

Employees:
1 PT Owner, 1 Casual Staff
Years established:
20