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Bars/Nightclubs for Sale in Iluka, WA

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Bars/Nightclubs
ILUKA, WA
New
WA
$7,500,000
An outstanding opportunity to acquire a large-format hospitality venue positioned within one of Western Australias fastest growing coastal corridors.Operating successfully under management, this well-established tavern offers multiple revenue streams including food, beverage, functions and entertainment, with strong turnover and proven profitability.The venue has built a strong local following and benefits from significant surrounding residential growth, creating continued upside for an incoming operator or hospitality group.Key Features: Large-scale hospitality venue with modern fit-out Strong annual turnover and consistent profitability Fully managed operation with established systems in place Multiple income streams including bar, restaurant and functions Significant growth corridor with expanding population Long 45-year lease available with favourable terms Well-presented venue with strong local reputation Opportunity to further increase trade and profitabilityThis business would suit experienced hospitality operators, groups looking to expand their portfolio or investors seeking a proven venue with scale.Confidential sale further information available to qualified buyers upon completion of a confidentiality agreement.FOR SALE: $7,500,000=Contact the exclusive broker:Sam CravenBenchmark Business Sales & ValuationsM: 0478 832 601T: 1300 366 521If youd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6467 to search for the business.Please ensure you have the necessary capital before expressing an interest in this business.The image shown is for illustration purposes only and may not be an exact representation of the business.Benchmark Business Sales and Valuations