Price
$149,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Sydney Region, Sydney City
Category
Leisure/Entertainment
Listing #
11481
Turnover $8000 per week average
Licenced for 60 people
Currently trades only 5 nights
Regularly voted one of Sydneys best small bars by various press.
This bar has its own unique and interesting character that differentiates it from most.
The lease is 3+3+3 with fixed rent for the 9 year period and only CPI increases
Rent is only $4051 per month including GST.
An owner operator would net $100k+ p.a. without growing the business.
The real growth for the business is to increase trading hours and attract functions.
There is a courtyard with outdoor seating for 10 and 2 bathrooms plus handicapped.
This business is a must see for anyone who has dreamed of owning their own bar.
Call now for more information and to set up your inspection.
#11481
Broker: Mr Sean Wolrige – 0405 784 132
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/11481
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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