Cocktail Bar And Restaurant On Sydney's Northern Beaches

Business For Sale NEW SOUTH WALES 2095, New South Wales

Business Category

$1,150,000

Description

Cocktail Bar And Restaurant On Sydney's Northern Beaches

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:  XXXXXXXXXX

Email:  XXXXXXXXXX

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
Ref: NSW09725
Timestamp: XXXXXXXXXX 0045
Contact Seller
Paul Helliwell

Bsale ID: 525593
Broker REF: NSW09725

Link Sydney
Make Enquiry

Thank you, your enquiry has been sent now.

Cookie Consent

To deliver the best possible experience on Bsale.com.au, we and our partners use cookies to store information. By clicking 'Accept and Close' you agree to the use of Cookies. Read our Cookie Policy.


Accept and Close