Well Established Newtown Venue

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Newtown, New South Wales 2042

$149,000

Key Features

AI generated. Contact seller to confirm.

On‑premises liquor licence
Lease signed until 2030
Capacity 90 people
Fully fitted commercial kitchen
Recently refurbished dining and fixtures
Owner works only Friday and Saturday nights

Turnover: $900,000 approx
Net Profit: $5,000/week approx
Rent/Lease: $63,000 per annum
Stock Value: Not disclosed
Established: Over 10 years

Business Details

Business Category Restaurant

Phone enquiries - please call XXXXXXXXXX and quote property ID 38630.

Restaurant for sale in the heart of Newtown
Well established venue for over 10 years.
Owners now have moved out of area and moving onto new ventures.
Newly signed lease until 2030.
On-Premises Liquor License

Great Rent of $63,000 per annum for 200sqm venue

Restaurant completely fit out with full commercial kitchen, 3 toilets (1 male, 1 female, 1 disabled), brand new refurbishments including tables, chairs and lighting

Capacity 90 people
License until midnight M-F,
And 10pm Sunday
Turnover approx 900 k annual

Staff approx $3500/week (2 full time & 4-5 casual)
Owner only working Fri & Sat nights
Cost of Goods approx $ XXXXXXXXXX /week
Profits approx $5000/week

*staff completely unaware of sale so please be discreet with enquiries
*confidentiality agreement must be signed before disclosing location

DISCLAIMER No Agent Business ( XXXXXXXXXX ) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.