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BALI- Bar - Club - Sports Bar

$385,000

Perth Gpo, Western Australia

BALI- Bar - Club - Sports Bar

Onion Sports Bar in Sanur (Indonesia) gained a reputation as one of the Islands best and most popular bars, considered a must visit, underpinned by the many repeat customers and 1600 + followers on FB.

With seating for 120, the bar offers patrons many options including the Terrace restaurant and 2 internal bars.

The bar ceased operating as a going concern in late 2017, a result of a partnership dispute, which was exacerbated at that time with Mt Agung erupting.

To purchase this business when operating at its peak, you could reasonably expect to pay $1Mill AU ++.

The seller who is now working out side of Bali is extremely realistic in seeking $385.000 AU WIWO

THE SALE INCLUDES

*10 Year prepaid lease ( the premises is a massive 700 sq Meters)

*All of the required licenses and permits to operate the business.

*A fully equipped kitchen, all that is required of the highest quality (est replacement value $150.000 - $200.000)

*All lighting, furniture, decor

* Smoker - 3 Burners and a warmer, custom built (Cost $15.000) .

*3 Murray full size billiard tables $4.000 new)

*7 large television screens

* Full live stage system

* CCTV - View remotely

The sale of Onion Bar represents a fantastic opportunity for the smart operator to invest in growing Sanur for a very modest outlay when you consider the 10 year lease and all of the assets that are included which are to numerous to list.

You will need to act quickly to secure this opportunity, do so and there is no reason as to why you cannot be in the business for the upcoming holiday rush, noting the sale price is FIRM.

You will need to sign a CA before any additional information is supplied.

Peter Hurrell- 0407 973 726- peter@excelbbs.com.au

NOTE- Photos are of the actual venue.

Features

Hotel Information

  • Restaurant Facilities: -
  • Liquor Licence: -
  • Restaurant: -
  • Lease: -

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Last updated: 15th September 2018

Summary

Property Type
Business
Contract Type
For Sale
Location
 Perth Gpo
State
 Western Australia
Price
$385,000
Category
  • Alcohol/Liquor
  • Hotel
  • Restaurant

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Contact

Peter Hurrell