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CLASSIFIED
Time
Left 11 d 16 hrs 49 mins 09 secs |
Establised Boutique Bar |
item#28 |
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| Status |
open |
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Price |
$530000.00 |
| Quantity |
1 |
| Location |
North Albury - New South Wales - Australia |
| Posted on |
Jun 26th,2009 05:58 am |
| Expires on |
Mar 23rd,2010 05:58 am |
| Set Postage Fee |
0.00 |
| Decide Who Pays For Postage Fee |
Contact the seller |
| Payment Required Within X Amount of Days After Auction Closes. |
Read Description Details |
| Contact Seller Personally |
Michael |
| Sellers Mobile Number |
0423208336 |
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| Item Description |
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| Establised Boutique Bar |
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LUSTRE LOUNGE is a renowned boutique cocktail bar, located in the heart of the Flinders Lane nightlife precinct.
* Self-managed by experienced staff. Both owners both have full time careers elsewhere.
* Fit-out includes: a fully equipped bar with no more to spend, 100sqm with overhanging Flinders Lane balcony.
* $500k/pa takings over last 2 years, triple margin average on sales and operates on only 35hrs/pw.
* 4am Liquor + Planning License (95% of takings are prior to 2am).
* AMAZING rent of $33k/pa with no outgoings.
* Lease recently negotiated for sale to November 2017.
* Smoking is permitted on the balcony.
* Genuine reason for sale.
$530,000 includes Fixtures/Fittings, 4am Planning +Liquor License + Lease and stock.
For further information and more pictures go to: www.LustreLounge.com.au
If you have any questions about this item please contact; Michael on 0423208336
Map of Location http://maps.live.com.au/index.aspx# you might need to type in the address into the map searchbar to view the location.
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