p: 617 3368 4010 e: reception@absbrisbane.com a: Level 1 Unit 3 25 Railway Terrace, Milton, Qld Australia 4064

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Prestige Nightclub, Bar & Party Venue Business For Sale #4054

$895,000 WIWO

  • Prestige Nightclub, Bar & Party Venue Business For Sale #4054

Business Description

This entertainment venue has it all …

From the moment you walk in the front door the ambience and amazing decor cannot fail to impress.

The outstanding quality of fixtures and modern equipment reflects the passion of the owner who has built this impressive venue from scratch.

Included is a bar/reception area and ten fully featured karaoke rooms of varying sizes to accommodate private parties.

Opening out from the bar is a first floor outdoor balcony with all-weather retractable awnings.

A fully equipped professionally designed commercial kitchen and food prep area completes the package.

* Turnover > $3m pa
* Highly profitable
* Operates under management with Owner supervision
* Beautiful, elegant, modern and functional fitout
* Located in the heart of the popular Fortitude Valley
* Long lease with options
* Gross rent $17,726 + GST pcm
* Outstanding regular up-market clientele

This venue has been trading for more than two years and is offering a new owner the benefits of all the hard work of the start up period.

Asking Price: $895,000 WIWO

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 4054

Broker: Ian MacPherson| E: ian@absbrisbane.com| P: 0410 446 127

Business Features / Snapshot

Price: $895,000 WIWOTrial: no

Your Business Broker

Ian MacPherson

Business Location

Fortitude Valley, Queensland 4006