Stylish Speakeasy Style Bar with New Fit Out and Low Overheads

Description

Brand New Boutique Bar & Lounge - Holland Park West, BrisbanePrice: $89,000 (Walk-In Walk-Out)Location: Holland Park West, QLDOverviewAn opportunity to acquire a newly established speakeasy-style neighbourhood bar with an early loyal following and strong foundations. Established six months ago, Pour & Tipple has already demonstrated profitability and operates as a lifestyle business suited to an owner-operator or partnership.The BusinessCurrently trading Thursday to Saturday evenings (approximately 13 hours per week), the venue operates with low monthly overheads of around $3,700 and rent of $1,770 per month.Despite limited trading hours, the business is structured to support an owner wage.All fixtures and fittings valued at approximately $79,000 were newly installed during setup, including new electrical and plumbing works, making this a turnkey operation.Key Highlights• Prime location in Holland Park West with strong local demographics• Low operating costs and strong profit potential• Licensed venue with scope to expand into café and food service• Suitable for private events, community gatherings, and group bookings• Furniture, equipment, and décor in excellent condition• Sale includes stock, fixtures, fittings, and licences on a walk-in walk-out basisGrowth Potential• Extend trading hours or add Sunday trading• Introduce coffee service or simple food offerings such as pastries or toasties• Position the venue as a community meeting and event spaceFinancial Snapshot• Rent: $1,770 per month• Average monthly expenses: approximately $3,700• Fixtures and fittings value: approximately $79,000• Asking price: $89,000 (WIWO, stock included)About the SellersThe business was established by owners from non-hospitality backgrounds as a neighbourhood bar concept. Due to commitments in other industries and family responsibilities, they are seeking a new operator. The business is currently staff-run and suited to an owner-operator model.