LINK Business Brokers Australia

About this Business for sale in Northern Beaches

Well-known bar on Sydney’s Northern Beaches – winner of multiple business awards since inception in 2013.

Key features of this opportunity: 

  • Lease with 1 years left to run, plus 2 x 4-year options (9 years total)
  • Hotel Liquor licence allowing the sale of liquor without food from 10am to midnight, 7 days a week
  • 16 outdoor seats, 80 internal seats. Licensed for 125 total.
  • Operated under management

DA approved plans to extend premises to include basement level, rooftop bar with glass roof and additional dining and bar spaces. Currently the business trades from 5pm-midnight, with the weekend opening for lunch in high peak months, thus giving further immediate trading opportunities. Strong revenue and run under management • DA-approved plans for significant expansion into neighbouring premises, which have been leased across a long term with 10 years left to run.

For more information, contact Paul today! 

Listing ID: NSW09750

Broker: Paul Helliwell
Phone: 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/NSW09750

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

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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.

Listing: #NSW09750
Price: $900,000
Profit*: $330,000
Sales Revenue: $2,000,000
Sydney Region, Northern Beaches
Leisure/Entertainment, Bars/Nightclubs
*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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