Stylish Speakeasy Style Bar with New Fit Out and Low Overheads

Description

Business name: Pour & Tipple

Business type: licensed boutique bar and lounge

Location: Holland Park West, Brisbane, Queensland

Trading history: approximately 6 months

Operating model: staff run

Asking price: $89,000 WIWO (stock included)

Business overview

Speakeasy-style neighbourhood bar with an established local customer following.

Trading performance: profitable

Operating structure: supports an owner wage

Current weekly trading hours: approximately 13

Trading hours

Thursday to Saturday: evenings

Weekly trading hours: approximately 13

Financial information

Monthly rent: $1,770

Average monthly expenses: approximately $3,700

Fixtures and fittings value: approximately $79,000

Premises and equipment

Venue style: speakeasy bar and lounge

Furniture, equipment and décor: excellent condition

Fixtures and fittings: newly installed during setup

Electrical and plumbing works: completed during setup

Liquor licence: included in sale

Operations

Current operations: staff run

Owner-operator model: suitable

Partnership operation: suitable

Growth

• Extend trading hours
• Introduce Sunday trading
• Add coffee service
• Introduce pastries and toasties
• Develop private events and group bookings
• Host community gatherings

Reason for sale

Owners have commitments in other industries and family responsibilities.

Sale

Asking price: $89,000 walk-in walk-out

Stock, fixtures, fittings and licences: included