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.
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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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