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Refer to Broker
Refer to Broker
Unique business opportunity for a hospitality operator to get into a very popular dinning strip.
Due to partnership split, the current owner is forced to take on the daily operations of this business.
The current owner is not a hospitality operator and is finding it hard to run this business along with his other main business, so he has decided to sell.
Very impressive fit out with modern decor with a fully equipped Bar and kitchen, is on offer for a fraction of fit out costs.
Good lease in place till 2030, with reasonable rent for this prime location.
Regular repeat local and tourist clientele in this sort after location, full of high rise residential and commercial buildings.
Currently showing a average weekly turnover of $12,000 pw.
Open only 5 nights per week from Wednesday to Sun 5pm to midnight. Full liquor license.
Opportunity to expand operating hours for lunch's and even breakfast, in this dinning district full of restaurants and cafes.
Great outdoor undercover dining area with a full dining and drinking bar area inside. total capacity approx 80 people.
Ideally suitable to a hospitality hands on operator to market this venue and reap the financial benefits to come.
Owner is open to negotiations and will accept the best offer put forward for a quick sale.
For full details contact Baz Sanjakdar . A Confidentiality Agreement must be completed before further information will be disclosed. To complete an online confidentiality agreement, go to https://linkbusiness.com.au/GC00969 and click on the ENQUIRE NOW button.
REF: GC00969
*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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