Funky wine bar
Sold!
Web ID: F4785
Business Description
Ever wanted to own a bar?!
This funky local wine bar is perfect for a working couple or mates looking for an adventure.
They offer great wine, cool vibes, unpretentious service and the best fresh produce South Australia has to offer. Licensed for 50 inside and 20 outside, operating 4 nights a week and open for private functions on Saturday nights.
This space was designed with versatility in mind, the smooth lighting and exposed brick walls, have created an urban warmth and relaxed atmosphere. It should be Friday night every night!
The business oozes potential and options and the best part is, it needs new owners.
At a glance
- Open 4 nights a week
- Opportunity to open for more functions
- Just over 2 km from CBD
- Licenced for 50 inside and 20 outside
- Turnover in excess of $5,000 per week
- Rent $2,399 plus GST per month
- Low wages
- Perfect for a working couple
- Plenty of room for growth.
Melanie Winter 0408 085 932
Extended Price Information
| Goodwill | $51,161 |
| Plant & Equipment | $51,839 |
| Stock at valuation (approx) | $7,000 |
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$110,000 |
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Staff Summary
Two vendors and three casual staff
Lease Summary
| Current Rent | $2,398.23 per month excluding GST |
| Lease Term | 3 years |
| Lease Commencement | 1st December 2014 |
| Right of Renewal | 1 x 3 years |
| Outgoings | Paid by tenant |
| Adjustments | CPI annually and to market at renewal |
| Bank Guarantee | $7,425.00 |
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Plant & Equipment
| Original Cost of Plant | $67,111 |
| Written Down Value of Plant (approx.) | $51,839 |