A great development by one of the hospitality industries outstanding entrepreneurs.
Developed over 2 years with as new quality deco, this club/bar trades Wednesday to Saturday till 4am.
The venue starts with an outdoor area with street licenced seating, then leads through to the main bar with quality booths, deco, chairs, a small dance floor, and bar stand-up area. Then on through to the rear is another bar area that can be closed off for functions when required.
The operation requires 2 bar staff which include duty manager. Security is minimal with one senior security guard, which reflexes the quality of customer this business attracts.
This is a music bar with Jazz and a DJ that goes through the night. Included is a bandstand and the required equipment that allows a DJ to set up. Functions are now becoming popular through the week and summer season growth is assured. With the quality of music, a cover charge on Fridays and Saturday could generate a further income of over $50,000 to $100,000 p.a.
The business enjoys a long-term lease with realistic rent of less than $2,000 per week. The profit is well over $100,000 under full management. Projected surplus under owner/operator would be $200,000 to $300,000.
Leased 3x3 with approx. 4 years to go and would be extended to suit the incoming operator. The location is superb and is on the right side of the right street.
We welcome experienced operators and first time owner that could use the existing management.
Call John Fairbairn 021 980 995.