Newcastle Small Cocktail Bar - For Sale

Business For Sale Cooks Hill, New South Wales 2300

Business Category Restaurant

$160,000

Description

Newcastle Small Cocktail Bar - For Sale

This great bar in the heart of Newcastle attracts people of all ages for their great ambience, decor and relaxed setting, also popular with the city workers. Popular for functions and larger groups.

Specialising in funky cocktails, wine and house charcuterie, this well located bar has sales ranging from $4000 to $10,000 per week only trading 2 nights. (Due to Covid).

Rent is cheap at $1125 per week including outgoings.

Lots of room to grow the business!

The venue accommodates 80 patrons under a 5 day small bar licence with a 12am license for weekend trade.  

* Currently owner operator management with a small team in place.

* Trading...only 2 nights per week with room for more opening times.

* Brand new modern fit out & equipment ($250,000)

* All equipment owned with no supplier agreements.

* Perfect for an owner operator.

* The venue has a full CCTV system in place.

* Full ‘Bose’ speaker system including subwoofer - entertainment able to plug straight into system.

* Security of 4 years left on current lease with a further 2 x 5 year options.




This unique small bar has significant upside for some focused, passionate cocktail loving working owners. $160,000 + Stock
Contact Seller
Admin @ Direct Business Hub

Bsale ID: 567712
Broker REF: 3346438

Direct Business Hub
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