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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
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Description

A highly popular sheesha lounge and liquor bar is available in Melbourne’s inner south-east suburbs. Positioned in a busy entertainment precinct, the venue enjoys strong weekly takings and repeat clientele, making it a turnkey opportunity for an owner-operator or investor.Financial Overview* Weekly takings approximately $17,000* Net profit over $500,000 per yearBusiness Highlights* Serves sheesha, alcoholic drinks, and mocktails* Prime nightlife location with strong evening foot traffic* Low overheads and minimal cost of goods* Open seven nights per week, 5:30 pm to 1:30 am* Rent $9,000 per month including outgoings* Streamlined, easy-to-manage team structure* Proven performer with strong margins and consistent demandThis venue is ideal for someone looking to step into a high-cashflow hospitality business in a sought-after nightlife precinct.

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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