Food, Beverage & Hospitality business for sale in North Shore - Lower NSW
- Food, Beverage & Hospitality
- North Shore - Lower NSW
- $450,000 (GST na)
Managed Bar - Classic Pub Food
Beautifully appointed Bar, Restaurant, Functions Venue on Sydney's Lower North Shore, serving a blend of great pub food and Mediterranean cuisine, with an extensive range of craft beers, wines & cocktails.
This pub-like bar is located in a busy and affluent suburb with minimal competition and is well embraced by the local community. Its interior is bright and modern, with a Scandinavian-style elegance and sophistication. Upon entry the licensed space offers an open-plan main bar and dining room, your depth of field then draws you towards a second bar at the rear of the premises which steps up onto an enclosed, northern aspect sunbathed deck - perfect for events, parties and venue hire. The variety of this venue boasts a floor-plate that is readily and easily interchangeable so that the space can function in various guises and at different times of the day; this allows an operator the versatility to facilitate private/corporate functions, intimate dinners, weddings, lunch parties and birthday bashes concurrently. A populated events calendar guarantees a number of events and functions that have already been locked in for the remainder of 2019. The decor and the atmosphere are open and inviting for all making this a dynamic yet relaxed offering, and arguably the best venue in town. There is a full commercial kitchen which pumps out incredible sharing and non-sharing tapas lunch and dinners along with the classic pub faves. This locale is a labour of love and the ultimate hospitality experience for an astute buyer.
Under full management with annual turnover in excess of $1.3 million.
Strong net profit of over 22%.
Solid four and a half (4.5) years of trading history.
Trading for lunch and dinner everyday.
On-premises liquor licence (Restaurant with PSA) extended trading authorisation.
Busy events calendar with a plethora of bookings for 2019/20.
270 sqm of licensed space.
Attractive interior design and fit-out.
Located at the heart of busy suburb with minimal competition.
Ideal owner/operator venue with MASSIVE upside.
Dual aspect site in pole position.
Vast free public parking available directly behind the premises.
Huge social media presence.
Fully equipped kitchen with exhaust, grease trap and walk-in cool room.
LEASE AND RENT:
Commencement date: 01 December 2014.
Term: Six (6) years.
Options: Two (2) further options to renew of Six (6) years each.
Monthly Rental: $12,320 + GST.
Impeccably curated and fully systemised turn key business.
Investor ready - full financials can be provided.
Massive upside for a motivated owner operator:
* History of over 30% net profit as owner operated.
* Strong sense of community, network with extensive clientele.
* Grow functions/events.
* Expand menu.
Experienced operator sought-after.
Call Barn on 0409 444 555 to register your interest.
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|Last updated||3 Nov 2019|