This groovy Coastal bar is an awesome business that has everything set up and running smoothly. It is super easy to operate and is ready for the new owner to step straight in and take over.
The business is super easy to operate and is only open Wednesday to Saturday evening and during the day on Sunday. This allows for some of the lowest operating costs you are likely to see, and clearly demonstrates just how easy this place is to operate. Very low rent and wages are two of the key costing features.
The food menu is sumptuous and really easy to prepare. A small crew of casual staff offer warm and friendly coastal service, serving up a range of delightful cocktails, beer, wine, and spirits. The mix of alcohol sales provides the business with strong margins.
The bar is building a strong reputation for providing great quality food and drinks in a relaxed environment, as well as being a focal point for outstanding live local music, what this bar provides is unique and is always a memorable experience for the many locals and visitors to the area each who walk in each week.
This business provides an opportunity for the new owner to enjoy the lifestyle and income that such an easy place will provide, or there are also loads of opportunities to ramp things up and take the place to the next level. A motivated owner could make this a full-time opportunity by extending the opening hours and menu. The venue also has a takeaway Liquor License that is not currently being utilised, you could also promote it for events and functions. Option to include weekend coffee and breakfast service.
Lease Details
The 3 x 3 x 3-year lease commenced in November 2022. - CPI. increases A Six-week bond is required.
Premises Details
Approx. 90 square metres. Bar, kitchen and storage area, indoor seating, plenty of outdoor seating, and a private function room
Staff Details
The business is currently operated by the owner(when needed) and four casual staff
Opening Hours
Wednesday & Thursday from 5pm, Friday & Saturday from 4pm and Sunday 8am 4pm
Opportunity
There is an awesome opportunity for the new owner to enjoy the lifestyle and income that such an easy place will provide as it already is, or there are also loads of opportunities to ramp things up and take the place to the next level. A motivated owner could make this a full-time opportunity by extending the opening hours and menu. The venue also has a takeaway Liquor License that is not currently being utilised, you could also promote it for events and functions. Option to include weekend coffee and breakfast service.
** Weekly**
Coffee Sales N/A
Sales $10,000
Rent $520
Wages $2,436
Net Profit $1,612
