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Red Scooter is hidden in a quiet side street in Balaclava. Once inside, the lower floor function space also known as the Ethan Room is ideal for private functions, car and equipment launches (with drive-in access), day-time events, and wedding ceremonies. The upper-floor has two rooms, Maddison and Dakota, that can be split or combined. Permanent features include drapes and sound proof walls that can divide the spaces into multiple rooms, a fantastic sound and light system, projector and screens, nooks featuring antique furniture and uniquely crafted bars made up of old pinball machines. Set in against the rear wall of the Maddison room is a bespoke kitchen set up that can be activated to cater for small or large functions in that room in addition to the main kitchen. Supporting all the rooms is a considerable amount of furniture and equipment. There are also seven individual food stands. An example being the Thai set up that includes all the woks, burners , trolley carts and everything you would expect from a Thai food cart. So there is a very long and extensive fixtures and fittings list included in the sale.
Above the Maddison room is a designated light and sound booth with some incredible technology associated with it. This leads on to a green room, private area, away from the main floor. Above the other side of the room are two large offices used as such and for storage. At the end of the Dakota room there is a huge fully equipped commercial kitchen, including cool rooms, a lift and plenty of equipment of an industrial capacity. Red Scooter has a late night on premises licence unit 3am with a capacity of 250, except on 10 occasions in a calendar year can host 300. There is also a clause on the licence that includes off site catering which is extremely helpful. The venue has four car parking spaces but these are sublet on a monthly basis at the moment. As Red Scooter is so large it is spread over two venue leases that have a combined weekly rent of $2700 including GST. The leases run in parallel with eleven years left made up of 2+3+3+3. In addition Red Scooter is being sold with an excellent Employee Collective Agreement in place.
There are some extremely profitable forward bookings so with those and the associated financial documentation the vendor is looking for offers in the region of $495,000 for this exclusively listed venue.