Sold business 3465799
Business NO.:
3465799
Status:
Active
Price:
$1,100,000 + SAV
Updated on:
15/06/2026

Passive, Under management Bar with fantastic profit!

Bars/Nightclubs | Business for Sale | Fortitude Valley

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**

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

Premises Details
512m2 + 16m2 upstairs office area.

Staff Details
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.

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

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.

For more details, please email broker or call agents.


Suite 201/110 Pacific Highway, North Sydney, NSW 2060