Exclusive Bar And Restaurant City Fringe

Barangaroo, New South Wales 2000

SOLD

Key Features

AI generated. Contact seller to confirm.

Sales $55,000 per week average
Alcohol sales 80% of total revenue
10 years remaining on lease
Large commercial kitchen and bar
Fully refurbished in 2015
PSA licence with 2am trading

Turnover: $2,860,000
Net Profit: Not disclosed
Rent/Lease: Lease in place
Stock Value: Included
Established: 10 years

Business Details

Business Category

This iconic cocktail bar and restaurant is a one of a kind offering a refined yet stylish atmosphere for the large crowds that flock to this venue weekly! Situated in a large unique setting, accommodating up to 300 people and known for its incredible drinks and delicious meals this business is not to be missed!.
Currently operating only 3 nights a week and under full management the growth opportunities are endless for an industry veteran who knows what it takes to drive down costs and increase profits!
Key Feature of this Business:

- Sales $55,000 pw (average over FY2018)

- Alcohol sales make up 80% of total revenue

- 10 years remaining on the lease for security of tenure!

- Large commercial kitchen and full service bar

- Fully refurbished and renovated in 2015

- PSA licence with 2am trading

- Huge potential to operate more nights

- Full financials available for bank funding

Call today for your full information pack. This opportunity won't last long.
Ref: NSW08864
Broker: Gareth - XXXXXXXXXX
To complete an online confidentiality agreement visit this business at: XXXXXXXXXX
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND 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: NSW08864
Timestamp: XXXXXXXXXX 0122