Licensed Bar / Night Club / Cafe – Adelaide

(no street name provided), Adelaide SA 5000

$280,000

BusinessSize: n/a
Business ID: XB147294

Licenced for 200 people – Potential to expand and renovate

Described in the media as a ‘multicultural wonderland’ when it opened, Wakanda Place is much more than just a bar.

With its amazing multicultural vibe and eclectic décor, it’s an increasingly popular venue for live music, functions, and other private events.

Given its location, there is great potential to expand and renovate to create more space – and to grow the café side of the business to target nearby offices, hospital and Uni students.

- Venue is licenced for 200 people with Private areas, Kitchen, Dance Floor, Beer Garden, 2 Bars

- Multicultural Bar – Attracts extensive demographic across Adelaide

- Marketed through Facebook (4.7-Star reviews) and Instagram

- Staff: Owner-Operator + 5 casuals

- Trades Thursday to Sunday – 12pm to 4am

- $150k of Assets included

- 1 month’s training included

- Selling for family reasons

This established business is located in colourful Hindley Street in Adelaide’s CBD – a go-to destination for coffee, live music, and entertainment since the 1970s.

With Adelaide fast becoming the city of choice for living and visiting, this fully inclusive package offers a unique opportunity to a savvy investor.

Price: $280,000

Property Code: 3879

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Key details

Property type:
Business

Other Details

Property history

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SummaryMedian sales
Average Age
31 years
Population
18,202
Listing ID: 182418325. This listing has been viewed 0 times. It was first displayed on 03/04/2024 and last updated on 08/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.