Key features of this opportunity:
- Turnover $2.4 million (approx.)
- Profit $400k (approx.)
- 130+ seats with large outdoor dining/drinking area
- 8+ years lease (minimal)
- $3,000 weekly rent.
- $300k re-fit just completed.
- Unique fully equipped live music atmosphere as part of the bar
Well-established over 20 years and well-known bar and restaurant.
- Welcoming premises with quality fit-out and recent upgrades and a seating for approx. 130+ patrons across internal and external areas.
- Licenced footpath seating for 48 at the front of the venue. Large bi-fold doors lead into a spacious restaurant with full bar and covered courtyard area.
- Casual dining menu with broad appeal to cater to breakfast / lunch / dinner and families.
- Lease with 3 years left to run, plus 1 x 5-year option (opportunity to get a further option)
- On-premises licence with much sought-after Primary Service Authorisation (allowing the sale of liquor without food) with excellent selection of beers, wines, spirits and cocktail menu.
- Strong revenue and run under management.
- Well-equipped, nothing to spend (just undergone major internal renovation in late 2020 – $300k+)
Listing ID: NSW09725
Broker: Paul Helliwell
Phone: 0419 015 046
To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09725
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