Prime Location Cocktail Bar OAdelaide CBD
Prime Location Cocktail Bar OAdelaide CBD
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The Phone Code for this property is: 72140. Please quote this number when phoning or texting.
Located on Leigh Street, The heart of Adelaide City Nightlife.
An exciting opportunity to acquire a stylish and fast-growing cocktail bar in the heart of Adelaide CBD.
Positioned within a vibrant hospitality precinct, this venue has quickly built a reputation for its unique atmosphere, premium drinks offering, and strong customer appeal. With modern presentation, a quality fit-out, and an already established customer base, this business offers the perfect opportunity for an owner-operator or hospitality group looking to step into Adelaide’s thriving nightlife scene.
This is a turnkey operation with strong foundations, low overheads, and significant growth potential for an ambitious operator.
Key Highlights
Trendy Cocktail Bar in a sought-after CBD location
Modern and stylish fit-out with inviting atmosphere
Secure lease in place until 2028 with renewal options
Low annual rent with no outgoings
Fully equipped venue with all business assets included
Strong opportunity to grow trade through events, functions, extended hours, and marketing
Ideal for owner-operator or hospitality investor
The current owner is selling due to moving interstate, creating an excellent opportunity for a new operator to take over and elevate the business to the next level.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Victoria
Australia
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$120,000 Contact Agent
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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