Property ID : 981533
Buy $32,000 - Business
SEAPS is Proud to Present…
Located on St 118, Geisha bar is one of the most comfortable bars in town with large spacious comfy sofas and a wonderful ambiance. The place has been designed to give it an individuality compared to other bars. The bar comprises approximately 78 sqm with a mezzanine area for a VIP room, with well decorated and clean toilets to the rear.
The bar benefits from being fully sound proofed and has a 4 speaker surround system, a large flat screen TV, as well as 4 CCTV cameras in the bar, 4 A/C units with a large front area facing the street. The bar can easily accommodate 50 plus people seated.
The bar is available with all fixtures and fittings, apart from a few personal items, and the existing stock. The new owner will have to make new contracts for beer and soft drink supplies.
The lease is 3 years with 2.5 years remaining and is renewable. The deposit is $5,000, included in the asking price, with a rent of $1,000- $1,200 per month. The outgoings are approximately $200 for electricity, $20 water per month and the internet is $80 per 6 months, staff salaries for 10 staff amounting to $1,500 + bonuses NB. The accounts will made available to interested purchasers.
The owner wishes to sell, due to family reasons, the lease for $32,000 negotiable
If you are looking for an established, spacious, comfy bar in the entertainment area this has to be for you.