Bar Restaurant - Busy Location - Growing Catering Revenue

Business For Sale Annandale, New South Wales 2038

Business Category Cafe and Coffee Shop Restaurant

$299,000 + SAV

Description

Bar Restaurant - Busy Location - Growing Catering Revenue

Located in Annandale, in Sydney’s Inner West, this vibrant bar restaurant features incredible ambience with tasty share plates and high-end cocktails and beers. With a growing revenue stream from the catering arm this would make an ideal purchase for buyers looking for a well-established business with growth opportunities.

With contemporary styling this bar restaurant has a well-designed layout and skilled staff. With nothing more to spend, a new owner can add their own flair or run it, as is.

With low rent and high visibility in a desirable suburb this business would also suit a buyer who is sensitive to rent costs.

Some highlights of the business are:
• This business oozes style and is embedded in the local food culture. It’s loved by residents and is a destination business for its many fans
• Step into a well-established brand that has become synonymous with innovation and excellence in food and drink.
• Capitalise on the social media presence to grow the brand even further
• Continue to grow the expanding catering arm which has a unique offering compared to other catering businesses
• High end drinks menu with the scope to extend even further
• The staff are well trained and although this opportunity is tailor-made for bar and restaurant, owner-operators the business is currently run under management and could be run by a savvy investor or hospitality business owner looking to expand.

Contact Paul now to find out more about this business and to request your detailed business profile.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
3+3+3 Commenced Jan 2021

Premises Details
Fully fitted out kitchen, liquor license and stunning look

Staff Details
Front of house manager, 3 kitchen staff, 2 casual staff

Opening Hours
5 days a week operation.
Wednesday & Thursday dinner till late
Friday, Saturday & Sunday lunch till late

**Weekly**
Sales $15,970 inc gst
Rent $1,039 per wk
Net Profit $3,292 per wk owner operator
Contact Seller
Paul Harvey
  • Paul Harvey

Bsale ID: 644403

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