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 PUBS AND BARS

These elusive businesses are highly sought after and fetch premium pricing for the right one. With recent legislation, it is important that the venue is seen a business with gaming as an extra and that gaming is not the key focus of the revenue. Generally gaming is seen as totally passive income and venues can see incomes upwards of $5,000 a week just from gaming. For this reason, bars with gaming can fetch up to four times owners cash surplus. Part of the appeal of gaming is that the market is heavily regulated, and it would be doubtful that many new licences would be granted. As stated, these businesses are rare and have appeal to investors who see them as businesses that can be run under management and can show a passive return. There are many things to check on these businesses so be sure to chat to an expert when looking to buy or sell.

 

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