Upmarket Brand Name Tapas Bar & Restaurant

This unique business was established in 2015 by the current owner and has been a strong trader with local repeat clientele ever since.

Prime location in a luxury shopping centre, ensuring consistent foot traffic and steady business all year-round.

A unique tapas bar serving lunch, dinner, beer, wine & cocktails and is open till late, 7 days a week. 

This tapas bar / restaurant benefits from an affluent clientele spending more per visit.  This upscale environment allows for premium pricing, aligning with the expectations of the high-end consumer market.

A modern Australian fine dining experience providing a sophisticated full-service dining option. 

Run under full management with a venue manager, head chef and 12 staff makes it a turn key operation as the owner does not work in this business at all.

A good lease is in place with reasonable rental for over 175m2 plus a 25m2 adjacent outside dining area. 

Turnover in excess of $1.8 mil breakdown 55% Food 45% Beverage.

Healthy Net profit of approx $350,000 for 2022/23. 

First time offered for sale due to new business venture re-investment.

Inspection will impress any hospitality operator wishing to expand on an existing business or venture in a new one.  

This business will not last long, as it is realistically priced to sell and meet the market.

Stock value approximately $25,000

For full details contact Baz Sanjakdar.  

REF: GC00625