Passive, Under management Bar with fantastic profit!

$1,100,000 + Stock

Description

Yes, this price is justified for this incredible opportunity… Read on to understand why…

Introducing a fully passive, high-margin bar in the heart of Brisbane’s premier nightlife precinct with strong sales and profitability across just four trading nights for a max trading window of 30 hours per week and a strong 10 year history. This business comes with a strong management team that runs the operation end-to-end and is as close to a genuinely hands-off hospitality investment as the market produces.

The numbers stack up exceptionally well. A pure beverage operation with no food component keeps cost of goods at 22.2%, wages under 20%, and rent at just over 10% — a cost structure that explains the profitability despite the condensed trading window. The owners have no operational involvement; the existing management team handles live entertainment bookings, rostering, ordering, and day-to-day operations in full. The lease runs to 2027 with a further five-year option, providing a buyer 6 years with a supportive landlord that will entertain and extension as part of the lease assignment.

Key Highlights:
• Weekly net sales are very healthy — across four trading nights only
• Net profit margin: industry leading
• Strong and consistent upward sales trend
• Cost of goods: 22.2% — all beverage, no food
• Wages: under 20% of sales
• Rent: just over 10% of sales
• Completely under management — owners not involved in operations
• Lease to 2027 plus 5-year option — just over 6 years remaining
• Live entertainment programme managed in-house. Low effort, high return
• 4.5 stars from 537 Google reviews

Opportunity

This is an investor-grade acquisition. The business runs without its owners, turns a profit margin that most hospitality operators would consider exceptional, and does it in four nights a week — leaving meaningful room to grow if a buyer chooses to extend trading or add functions or private events. Fortitude Valley is a competitive bar market, but this venue has carved out a loyal following evidenced by both its review score and its consistent weekly performance. For an investor or group looking to acquire a profitable, fully managed hospitality asset with long lease tenure, the case here is straightforward. Enquire now to receive the full information memorandum including figures.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Staff No

The business is currently run by a manager and 2IC, both on salary with 5 bartenders and 3 glassies whose hours range from single digits to full time hours per salaries.

Lease Info

1 year remaining on the lease with a 5-year option meaning 6 years in total.

Trading Times

Thursday 8pm to 3am Friday-Saturday 7pm to 3am Sunday 8pm to 3am.

Size of Premises

512m2 + 16m2 upstairs office area.

Opportunity

Obtain a fantastic business and keep it performing. If you wish to expand trade there may be opportunities to add food, functions/private events or days of trade.

Reference No: DCTC0606

Business Listed by

David Cahill

Hospitality Consultant and Sales Consultant (QLD) @ GSE Hospitality Brokers

For over 20 years I have been working with hospitality owners to help improve outcomes for their businesses. Whether it be consulting, training or implementing systems like complex POS systems for cafes, restaurants, bars, pubs, multi-site groups or franchises I have covered it all. I have been fortunate to travel across Australia and have worked with fantastic people, groups and brands. I spent time living in both Sydney and Melbourne working with many different businesses and people in the industry. Today, I love living in my hometown Brisbane with my young family.

Owners and managers in hospitality businesses are very often overwhelmed by the day to day workings of their businesses. Making changes can be really hard. Make the right changes even harder with so many options and choices to make. I’ve spent a lot of time in my career dealing with these kinds of challenges and solving them.

Being solutions focussed with efficiency in mind without losing the fun element we have in hospo is key to making it all work. I thoroughly enjoy helping businesses be more successful and in helping owners get the best results they can. There have been hundreds of cases where we have made the right change at the right time that leads to better results for the business and the people in it. That’s where I find my passion.

Request more Information about this business

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I understand and agree to the GSE Confidentiality Agreement and Marketing Policy*
The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

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