Profitable gaming sports bar, function venue & accommodation packageListing: #EL03295
About this Business for sale in ManawatuProfitable gaming sports bar, function venue & accommodation package
Awarded a Recommendation on Restaurant Guru for 2021, this long-established sports bar has a lot to offer and a lot of potential being currently operated under 100% staff-management.
Business Features Highlights:
- Bar averaging a turnover of $8,000 to $10,000 Per Week & Gaming commissions of $2,500 + GST Per Week
- 9 Gaming Machines with a supportive Trust
- Very low rent and outgoings of $727.85 Including GST & OPEX Per Week
- 150 people licensed coverage - 100 in function hall and 50 in Main area
- Function hall equipped with taps - Excellent potential to promote venue hire
- Fully equipped kitchen
- New and owned chattels
- 3 Full-time Staff
- 3 Bedroom Accommodation - Current tenanted out to the manager. Potential to sub-let or perfect for the owner-manager
- Off-license (retail) and On-license 10am to 12am
Gaming bars offer a consistent non-labourous source of income from machines. With a shortage of Gaming bars on the market, this is a well-sought business.
Priced to sell at: $430,000 + SAV
Call the 'A-TEAM' for more information on this opportunity:
Ron Vazirani: DDI - 09 555 6036 | M - 021 294 2978 | E - firstname.lastname@example.org
Anil Vazirani: DDI - 09 555 6020 | M - 021 0277 8149 | E - email@example.com
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#gamingbar #sportsbar #accommodation #liquor #gamingmachines #onlicense #offlicense
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+64 9 555 6036
+64 21 294 2978
*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.