Sports bar and live music venue
Photos: Benchmark Business Sales & Valuations
At a glance
- Stock value
- Approx. $40,000
- Return on investment
- 36% p/a
About the business
This is a sports bar and live music venue in a nightlife district in Perth, Western Australia, with a pizza kitchen and beer garden. It is open seven days a week and closed on public holidays. The venue offers bar service including a cocktail menu, pizza and food, live music, DJs, karaoke and live sport on seven screens. Customers are sports fans, live music and nightlife patrons, after-work drinkers, diners and groups. There are 11 staff on payroll, and the owner works around 10 hours a week overseeing operations and rostering. The premises are a whole-of-site tenancy with a bar, stage, pool room, commercial kitchen and beer garden. The lease runs to 2036, with the current term expiring in January 2036 and a further 7-year option. Equipment includes a custom cool room and beer system, a walk-in kitchen cool room, stage lighting and sound, a conveyor pizza oven, a commercial grill and a security system. The broker reports a well-established, fully fitted venue with an experienced team, minimal owner involvement, multiple revenue streams and a secure long-term lease.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$1,000,000
Paid by
Your cash$300,000
Secured loan, 7 years at 6.98%$700,000
Each month
Loan repayment$10,560
Repayments each month
$10,560
Over 7 years you repay $886,875, of which $186,875 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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