Contact Us
1300 76 78 02
You'll find Caddie right in the centre of everything on Swan Street. A smaller than average venue but it is amazing how many Richmond supporters you can fit in there when they win. Needless to say the place is very busy regardless who is playing as the venue has an excellent reputation and is known as a place to just "hang out " in.
There is footpath trading for twelve at the front of the venue. Inside there is bar stool seating around the bar and front room with the bar itself taking centre stage downstairs. Behind the bar is a large fully equipped commercial kitchen with cool room. This leads out to an external storage area and rear access from the car park. Head upstairs in to the dining room that also doubles up as a function room as it has its own bar. It is all rather straightforward, clean lines great decor and easy to manage.
Caddie has an On Premises Licence for 50 inside till 1am. Rent comes in at $1500 a week plus GST. There are six years left on the lease made up of 1+5 with the landlord willing to negotiate another term. One beer line is under contract to Estrella which the vendor would prefer to leave in place. No other equipment or lease contracts are in place with everything in the venue included in the fixture and fittings list.
Caddie suits an owner operator that can concentrate on the business. The vendor has moved to Brisbane and so the venue is run under management. For a small venue its certainly does well and this is clearly shown on a good set of financials. The venue itself is in very good condition, clean and is easy to manage with a good team of staff hoping to remain with the venue. So Caddie is perfect as a first time venue for someone with little risk. The vendor is looking for offers in the region of $95,000 for the exclusively listed opportunity.
