Price
$298,500 plus SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Central & North Coasts, Newcastle & Region
Category
Food/Hospitality
Listing #
12736
Iconic Darby Street restaurant and bar with excellent corner exposure.
With two distinct areas, the business boasts a downstairs restaurant and an upstairs lounge bar with balcony that can also be utilised as a private function space.
Other features include:
– Long term lease.
– Fully trained staff, POS systems and procedures in place.
– Downstairs seating capacity is 62 people. The upstairs area has a capacity of 120 people.
– Recent renovations, and food options have made a very positive impact on the business.
The business is able to entertain up to 150 guests with minimal number of staff due to the venue layout. It has a liquor licence to support the operation that is quite popular with it’s target audience. Overall, the business is very unique in its location and is well worth an inspection!
#12736
Broker: Stuart McLachlan
0404 687 706
For more information about this business or complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/12736
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.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
