This bustling inner-city cocktail bar in Ipswich presents an exciting opportunity for a savvy entrepreneur. With a prime location in a high-growth corridor and significant expansion potential, this established business is poised for continued success.
Key Highlights:
- Prime Location: Pedestrianised area with excellent parking facilities
- Low Overheads: Annual rent of only $28,000
- Expansion Potential: Opportunity to extend liquor license to adjoining property
- Growth Corridor: Cinemas & gaming area opening opposite within 6 months
- Flexible Operations: Currently open Thursday - Sunday evenings
- Generous Capacity: Seats 40 outside, 30 inside, 30 in downstairs function room
- Secure Lease: 5-year lease with 2 x 5-year options
- Established Team: Reliable and experienced staff in place
- Strong Reputation: Great Google reviews and social media following
- Proven Profitability: Consistent turnover since 2021
This well-regarded business has been a staple of the Ipswich community since 2021. The bar offers a unique combination of craft cocktails and share plates, attracting a loyal clientele. With its current four-day operating schedule, the business provides an excellent work-life balance for its owners.
Significant growth opportunities exist through extended trading hours, increased focus on functions and events, and local marketing initiatives. The imminent opening of cinemas and a gaming area directly opposite the venue promises to substantially increase foot traffic.
The current owners are relocating overseas for family reasons, presenting a rare opportunity to acquire a turnkey operation in a thriving location. They are motivated to sell and are willing to assist with the transition to ensure the new owner's success.
This unique business, with its prime location, expansion potential, and proven profitability, represents an excellent investment for the right buyer.
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