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CLASSIFIED
 Time Left 11 d 16 hrs 49 mins 09 secs
Establised Boutique Bar
item#28
Status open
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
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Payment Required Within X Amount of Days After Auction Closes. Read Description Details
Contact Seller Personally Michael
Sellers Mobile Number 0423208336
 Home > All Categories  > Business > Businesses For Sale
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 Item Description

Establised Boutique Bar  
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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