Mr Wolf

Business Details

Mr Wolf is a well established, highly efficient and profitable night club located in the heart of Canberra.  Trading less than 20 hours a week, it’s a low-input, high-income investment. 
 
It’s a hands-off operation, with the three owners working a combined four to eight hours a week and has a large team of well-trained staff who run it.  
 
Renowned for its house parties and live DJs, the business caters to mainly under 25’s.   
 
The business consistently turns over $40k-$50k a week and is on track to making profits of $250,000 (2019) with very little input required from the owners. 
 
When you take ownership no additional expenses are required, the fit-out is worth $500k plus. 
 
It’s a cash-rich, easy-to-run operation with an established and ever-returning customer base.  
 
All this begs the question: Why are they getting out? After nearly six years of good times and great cash, the three owners want to focus on their individual  business pursuits. 
 
Email sales@capitalcommercial.com.au with your full name and contact number indicating that you have in interest in owning the club. and once the deed of confidentiality has been completed, we will send through the detailed business information package.

Financial Snapshot

Reporting Period 2018 Weekly Average 2017 Weekly Average Weekly Average
Sales $1,838,353.61 $35,352.95 $2,126,953.43$40,902.95 $0.00 $0.00
Gross Profit $1,399,645.84 $26,916.27 $1,689,227.29$32,485.14 $0.00 $0.00
PEBITDA $52,274.88 $1,005.29 $267,168.53$5,137.86 $0.00 $0.00
Rent $175,885.00 $3,382.40 $174,720.00$3,360.00 $0.00 $0.00
Wages and salary $406,604.40 $7,819.32 $433,209.45$8,330.95 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Bars/Night Clubs.
The premises are leased.
• Lease commenced on: 1 January 2015
• Lease expires on: 31 December 2019
• Term of the lease: 5 years
• Option: One further option of 5 years
• Bank guarantee: None currently. Should there been an assignment of sublease or underlease, this will be subject to the fresh entity giving a minimum of 3 months gross rent plus GST Bank Bond - $45,000 plus GST
• Base rent: $150,000 (excluding GST)
• Monthly rent: $13,750 (excluding GST)
• Outgoings: $62,755.78 plus GST
• Annual increases: 4% per annum
• Public liability insurance: $20 million
SQM: 474.29 SQM
Total employee wages for 2018 were $401,656. Total employee superannuation was $35,849 in 2018. Employees consist of: • 1 Entertainment & Marketing Manager • 1 Venue Manager
Mon-Wed: As required for live events Thurs,Fri: 10:30pm–4am Sat: 10:30pm–5am Sun: 10:30pm–4am (Long
Under management

Enquire Now

Sales Summary

Sale Status : New Listing

Sale Method : Expression of Interest

Investment Amount : EOI - 01/05/2019

Stock at Value : $25,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au