Turnover: $1-1.25m – Liquor License – Award Winning Accommodation
This Turnkey Operation (with all SOPs in place) comprises Accommodation, an on-site Craft Beer Bar and Asian Fusion Restaurant.
Boasting an excellent location – and newly renovated in 2017 – there is huge potential to better utilize the facilities – especially given the demand for accommodation in Alice Springs.
- First craft beer bar in Central Australia – still offers the best craft beer selection
- Weekly live music sessions – popular go-to for locals
- Well known for casual dining and parties
- Award-winning accommodation – Best Backpacker NT 2018 and 2019
- 28 rooms (17 ensuite and 11 room-only with shared bathroom) – brand new AC installed
- Leasehold premises on 1839 sqm block
- $250,000+ spent on building improvements
- Over $277,000 of assets bought over last 5 years
- Located opposite the football oval – Next to school and hospital
- 2 Websites + Facebook and Instagram with more than 5,000 followers
- Staff includes Fulltime Venue Manager, 2 Fulltime chefs + casual
- 2 -3 Weeks Training free of charge will be provided to ensure a smooth hand over
- Vendor Finance Available
Currently, the business offers limited accommodation – and only opens for around 40 hours a week in the bar. There is enormous potential to extend the trading hours and offer breakfast, lunch, and dinner – and perhaps a cocktail bar if desired. A new owner could easily open more rooms and better market the facilities through Booking.com and similar sites.
The current owner has two other business commitments and a growing family to focus on – and is soon to move overseas. This business would be suitable for owner operators/family, or a savvy investor could run under management. With future growth potential still untapped this is the perfect opportunity to snap up an amazing business and lifestyle!
Price: $270,000 + SAV
View on map / Neighborhood
- State: Northern Territory