LINK Business Brokers Australia

About this Business for sale in Sydney

This is an establishment the likes of which you’ve never seen before – and this is a purchase opportunity equally as unique and exciting:  this busy, luxurious and authentic Cocktail Bar situated in the perfect location in Sydney’s upmarket inner-city suburbs is now yours for the taking!

  • $1.4M Turnover (Forecast Post-Covid)
  • $280K Net Profit (Forecast Post-Covid)
  • 12-year lease remaining
  • $1,550 Weekly Rent
  • 150sqm premises
  • Licensed for 120 people
  • Vendor Finance available
  • Fully staffed
  • Run under management
  • Top Location
  • $1.2M Fit-Out Costs (at end of 2019)
  • Small Bar License to 2am x 7 days

Situated in a densely populated, funky, high-energy inner-city suburb, mere minutes from the CBD, this establishment truly has it all!

No expense was spared when setting it up – and you can now own it for a fraction of the set-up cost. The business’ financials are forecast to show exceptional recovery post-covid, yielding high earnings to its owner.

Over 150sqm, the business is licensed for 120 people and also enjoys a bar license to 2am for 7 days per week, with no food required.

With a long-term lease is in place, a unique identity, a superb reputation and a truly remarkable structure all add to making this business acquisition one of a kind.

Investors are urged not to delay contacting us for further details!

Listing ID: NSW10368

Broker: Paul Helliwell
Phone: + 61 2 9899 1999 / 0419 015 046
Email: paul.helliwell@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW10368

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

Keywords: Bar, Cocktail, Pub, Restaurant, Club, Nightclub, Hospitality, Venue, Events, Drinks, Beverage

You may also be interested in...

Organic / Health Food Supermarket & Cafe SE Qld

Gold Coast
$195,000
Food/Hospitality

Organic / Health Food Supermarket & Cafe SE Qld

Gold Coast
$195,000
Food/Hospitality

Licensed High Profit Foodworks Supermarket $269,000 plus SAV (16647)

Melbourne
$269,000
Food/Hospitality

Licensed High Profit Foodworks Supermarket $269,000 plus SAV (16647)

Melbourne
$269,000
Food/Hospitality

*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.

Listing: #NSW10368
Price: $649,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Sydney City, Sydney
Food/Hospitality, Alcohol/Liquor
*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.

PRINT OR SHARE THIS LISTING

Share on print
Print
Share on email
Email
Share on linkedin
LinkedIn

BUYERS TOOLS

Businesses for sale

All Locations
All Categories
Price Range
$
$

You may also be interested in...

Organic / Health Food Supermarket & Cafe SE Qld

Gold Coast
$195,000
Food/Hospitality

Organic / Health Food Supermarket & Cafe SE Qld

Gold Coast
$195,000
Food/Hospitality

Licensed High Profit Foodworks Supermarket $269,000 plus SAV (16647)

Melbourne
$269,000
Food/Hospitality