; "[Iconic Bar for Sale - South of Yarra - Rare Opportunity]")
Iconic Bar for Sale in very prominent location. Relax and clean atmosphere. Sought after destination for celebrations and known for advanced function bookings. 25 functions for next 3 months with deposits. Capacity 100. Great potential for expansion with fully furnished food kitchen and backyard and an additional floor.
Sale Price: 275k
Annual Sales Revenue: 550k plus
Annual Net Profit: 250k
Pay back period 14 months
Buyer due deligence is required for sale. Contact : 16avneesh@gmail.com
Market Conditions & CompetitionNo real competition in the area
Financial SummarySale Price: 275k
Annual Sales Revenue: 550k plus
Annual Net Profit: 250k
Training & Supportowner willing to support with training and transition for 2 weeks
Reason for SellingMoving on to new opportunities
Location
City: MelbourneState: Victoria
Category Bar/Nightclubs
WebsiteN/A
Weekly Revenue$11k Monthly Revenue$45k Annual Revenue$550k Plus
Contact PersonAvneesh Price$275k Year Established1998
Phone000000000 Cashflow$Available on Request Employees5
