Bar with 18 Gaming Machines, Liquor Store and AccommodationListing: #EL02251
About this Business for sale in Far NorthBar with 18 Gaming Machines, Liquor Store and Accommodation
MULTIPLE PROFIT MAKING BUSINESSES UNDER ONE ROOF!
Sports bar with 18 Gaming Machines, 9 Room Accommodation and Major Brand Franchised Liquor Store, all within the same premises
- 100% Staff Managed
- Major Brand Franchise liquor store taking $22,000 per week
- Sports bar taking $4,000 to $5,000 per week (gross profit of 50% plus)
- 18 gaming machines taking $2,200 per week
- 9 bedroom accommodation and manager's accommodation generating a fixed weekly rental income of $1,000 per week (potential to tie-up with Airbnb to increase rental income).
- Very reasonable rent of $1,576 per week including GST
- Very reasonable outgoings and decent net earnings for the owner.
Asking $497,000 + SAV
Please contact 'Team A' on;
Anil Vazirani on DDI: 09 525 26 45 (OR) MOB: 021 0277 8149
Ron Vazirani on DDI: 09 555 6036 (OR) MOB: 021 294 2978
+64 9 555 6020
+64 21 0277 8149
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.