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Spleen - 1P5019

Business for Sale
Melbourne VIC

You hear that? That's the sound of laughter tentatively trickling back into Melbourne's laneways because the city's first comedy shows in literally months are back.

Price Leasehold $395,000

Spleen - 1P5019

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Spleen, an unpretentious bar at the top end of Bourke Street has been doing its thing for close to 23 years. "Its thing" being great drink prices and amazing american style bar food in a cosy, lounge-like atmosphere with stand-up comedy on Monday nights. It's the perfect way to start the working week and then head towards the weekend.

There is foot path trading which does amazing trade out there during warm days especially with the after work crowd. Then you head straight in to the bar, grab a drink then through to the ground floor lounge area where the comedy shows occur. Behind this is a large fully equipped commercial kitchen. As it has a rear lane entrance it is ideal for Uber eats and subletting. There is a rear flight of stairs from the kitchen that heads to the upstairs lounge areas past a couple of store rooms, the toilets and an office. Patrons though head upstairs next to the bar. The upper area is split in to a lounge area to the left and to the right a pool table is the centre of attention and is rarely left alone.

Spleen has a Late Night On Premises licence until 5am with a capacity of 100. There are eight years left on the lease made up of 3+5 with the landlord willing to negotiate extra terms. Rent comes in at $1900 a week including GST. All fixture and fittings are included in the sale and the venue is in good condition.

The venue suits an owner operator that can really capitalise on the late night licence and target the CBD crowd yet maintain the venue entertainment. The venue is known for its comedy but there is so much more to the place than that. There is a good set of financial information and so the vendor is asking for offers in the region of $395,000 for this exclusively listed venue. Go on cheer yourself up and take on Spleen.

Contact Seller

Contact: Lloyd Nunn
Phone: 1300 767 802
Mobile: 0410 329 129

Bsale ID: 275156
Agent ID: 1P5019

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