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For Sale

Iconic small bar in Perth CBD

Perth, Western Australia

Summary


  • For Sale
    Status
  • Perth
    Location
  • Western Australia
    State
  • $299,000 + SAV
    Price
  • Bars/Nightclubs

Features


Description


Bucking the trend is this well established small bar with all the right elements. Don't pass the opportunity to grab this superb cocktail bar, lounge and function space in Perth CBD. Originally established in 2010 this bar is well known for its relaxed casual ambience and a favourite with all patrons.

Cleverly spread over 2 levels, the venue accommodates 120 patrons under a small bar licence with a 1am ETP for weekend trade. Alfresco area attracts passersby and draws in customers. High demand for function space has been a driver for this business and the savvy buyer of this business will continue to benefit.

* Can be run under management will full staff in place
* Well known and established in Perth as the place to go in the CBD
* Quirky spaces including function area and alfresco add to the appeal
* Trading only 5 nights per week with room for more opening times
* Expansion plans allow transition to a tavern licence
* All equipment owned with no supplier agreements
* Steady profits

We invite potential buyers to complete an NDA to review more information. This bar is profitable and won't last long. Smart buyers will see value.