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$500,000+ Profit Per Year - Highly Popular Sheesha Lounge & Liquor Bar For Sale

Melbourne Region, VIC, ID 157687

$500,000+ Profit Per Year - Highly Popular Sheesha Lounge & Liquor Bar For Sale 1
$500,000+ Profit Per Year - Highly Popular Sheesha Lounge & Liquor Bar For Sale 1
Asking price:
AUD$995 000
Net profit (per year):$500 000 aud
Owner
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Description

Business type: sheesha lounge and liquor bar

Location: Inner South-East Melbourne, Victoria, Australia

Financial performance

Weekly takings: approximately $17,000

Net profit: over $500,000 per year

Operations

Trading days: seven nights per week

Trading hours: 5:30 pm to 1:30 am

Team structure: streamlined

Overheads: low

Cost of goods: low

Products

Sheesha: available

Alcoholic drinks: available

Mocktails: available

Premises

Monthly rent: $9,000 including outgoings

Location type: nightlife and entertainment precinct

Evening foot traffic: strong

Customers

Repeat clientele: established

Demand: consistent

Details

Real Estate: Lease
Asking price: 995 000 aud
Net profit (per year): 500 000 aud
Rent (per year): 108 000 aud

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