Iconic Spanish Tapas Bar. Weekly Turnover Above $20,000 With Cog Of 23%

The Tapas bar is in an ideal location with ocean views, all of which combine to welcome back loyal regulars but also plenty of “first timers”. The Tapas bar has a very strong reputation in the local area but also within the regular “visitors” to the area, with many spending the day in the area and either having lunch or dinner after at the bar.
The business provides a relaxed dining experience with an upbeat atmosphere. Being located near the beach, Seafood is a speciality with a variety of seafood Tapas dishes on the menu, especially Paella.
The owners have built a very solid business within a very competitive hospitality market, that provides strong regular revenue, with sales around $1m per year.
Key Points
• Diversity of Income generating streams – Food, Cocktails, Drinks, Functions & Home delivery
• Long-Term relationships with customers and suppliers. All meat, seafood, fruit & vegetables & deli products are sourced from local suppliers.
• All seafood is fully sustainable which is very important to owners and especially customers.
• Unique wine list which is predominately soured from Spain.
• Lease with options to extend.
• Strong reputation in the industry and community
• Outstanding reviews.

This an ideal opportunity for someone that wants to be part of the booming hospitality market on the Northern Beaches to takeover this Iconic restaurant. With over 15 years operating in the area and with such a strong brand recognition, this business provides a very solid income for the current owners and for any experienced operators willing to buy the business.