Lower North Shore Bar In Prime Location For Sale!

Business For Sale Crows Nest, New South Wales 2065

Business Category Alcohol Liquor Shop Cafe and Coffee Shop Restaurant

$149,000 + SAV

Description

Lower North Shore Bar In Prime Location For Sale!

Located in the heart of Sydney's lower north shore, this bar is renowned among locals and boasts one of the area's prime locations.

Operating successfully under a small bar license since 2015, this impressive venue spans nearly 300 square meters, offering excellent exposure on the main road. Locals and tourists alike can enjoy drinks and freshly cooked menu items prepared by the chefs.
Ample street parking and three large carparks in close proximity make this location unmissable.

The venue features two bars and an upstairs area suitable for hosting functions, with the capacity to manage three simultaneous parties. Owned by individuals with a diverse business portfolio, this is their sole hospitality venture. They are seeking a buyer due to time constraints preventing further business growth. This makes it an ideal acquisition for a strategic buyer, such as a larger operator or an owner-operator with a strong front-of-house presence.

This is an asset sale only; hence, detailed financials are limited. For more information about this opportunity, please contact us

Key Features:

-Long Lease
-Prime Location
-High foot-Traffic
-Popular bar, Lower North Shore
-300 square meter venue

Lease Details
3 plus 5 Years commenced 01/10/2023 - 30/09/2031

Premises Details
300 square meters

Opening Hours
Monday 4 - 10pm
Tuesday 4 - 10pm
Wednesday 4 - 11pm
Thursday 4 - 11pm
Friday 12pm - 12am
Saturday 12pm - 12am
Sunday 12 - 11pm

Opportunity
Seize the opportunity to capitalise on this well-presented business's prime location on Sydney's lower north shore. The nearby Metro station and ongoing residential developments promise increased foot traffic.

Given its strategic position, public transport accessibility, and ample parking, this established bar has significant growth potential under new ownership.

**Weekly **
Sales $15,300
Wages $3,386
Net Profit Asset Sale Only
Contact Seller
Marc Gehret

Bsale ID: 654112
Broker REF: 214559

GSE Hospitality Brokers
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