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Bar Under Management – $250k/month ave takings

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Bar Under Management – $250k/month ave takings

Independent Business Melbourne 3000, VIC $2,200,000
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Perfect for investor. Excellent financial record-keeping
Price $2.2m + SAV

Ideal for a semi-passive investor. The current owners don’t work in the bar and never have. They don’t have a hospitality background, more-so an accounting background. They are planning to move onto some new ventures and have decided to sell.
– Very high margins – COGS under 25%
– Reasonable overheads – Rent under $15k/month
– Open Fri & Sat, but can open 7 days
– Located in Melbourne’s Sth-East area
– No competitors nearby with a similar liquor licence

Due to the owners finance and accounting background, the financial records are meticulous. This will make it easy for the business to pass the due diligence test with a bank, accountant, or co-investors.

WATCH: 3D Virtual Tour: https://my.matterport.com/show/?m=QJU7ZAgqFhw

Note: Some images are for illustration purposes and not of the actual venue.

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Finn Business Sales
www.thefinngroup.com.au
1300 535 932