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 PUBS AND BARS

These elusive businesses are highly sought after and fetch premium pricing for the right one. With recent legislation, it is important that the venue is seen a business with gaming as an extra and that gaming is not the key focus of the revenue. Generally gaming is seen as totally passive income and venues can see incomes upwards of $5,000 a week just from gaming. For this reason, bars with gaming can fetch up to four times owners cash surplus. Part of the appeal of gaming is that the market is heavily regulated, and it would be doubtful that many new licences would be granted. As stated, these businesses are rare and have appeal to investors who see them as businesses that can be run under management and can show a passive return. There are many things to check on these businesses so be sure to chat to an expert when looking to buy or sell.

 

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What our clients say

  Ben is professional and a very personable guy.  I greatly appreciated the assistance with the purchase of my new business.  Recommend highly.   Cheers, Tony  

Tony

I had many concerns when starting my business, but thanks to Kevin invaluable advice, I was able to run it smoothly. Kevin detailed feedback, especially on aspects that are often overlooked after business...

Seung Hyun Kim

"Hi team, We would like to pass on our feedback and experience with Mr Jack Crosti regarding the sale of our small cafe just recently. Both Anne and myself found Jacks constant communication to be absolutely...

Laki & Anne

"Very professional deal has been done for me. Every step to be sold for my business was quick, easy and satisfying. Highly recommend the business sales broker, Kevin Lee very knowledgeable and experie...

Junsik Park

"I am so glad to share my experience with Clyth MacLeod. It was amazing work that they have done. I dealt with Jack Crosti one of the best and very professional guy to deal with. He always responded quickly...

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