Sigil Bar & Lounge Overview
A new bar venue in the northern suburbs of Perth West Australia. Sigil Bar & Lounge plans to take advantage of a increase in commercial and residential in the suburb of Scarborough.
With a modern fitout and decor it plans on becoming the latest scene to be seen at for those who appreciate fine enter...
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A new bar venue in the northern suburbs of Perth West Australia. Sigil Bar & Lounge plans to take advantage of a increase in commercial and residential in the suburb of Scarborough.
With a modern fitout and decor it plans on becoming the latest scene to be seen at for those who appreciate fine entertainment, food and alcohol.
The owner is currently looking for investors to get in on the ground floor of this enterprise and reap the rewards
Core Team Members
The core staff of Sigil Bar & Lounge is comprised of a small number of hospitality professionals in managerial positions.
The venue manager has ten years experience working in the hospitality industry both in West Australia and also Victoria before focusing on the opening and operating of Sigil Bar & Lounge
Company Vision & Future
Ideally would be to see Sigil Bar & Lounge as a highly rated venue within Perth catering to a variety of age groups with a successful turnover.
Current Valuation
Your investment of $95,000 will have a value of $366,505 after 5 years, based on 31% expected return (IRR)
Exit Opportunity
We are expecting, based on conservative estimates, to have exit opportunities for minority shareholders as soon as the completion of the first year of trade.
Ideal Investor
We are looking for West Australian investors. An understanding of the hospitality industry is a bonus but not necessary.