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Bars & Nightclubs business for sale in Manly

  • Bars & Nightclubs
  • Manly NSW 2095
  • $1,150,000 (GST na)

Manly Restaurant Cocktail Bar. Great Reputation

Key features of this opportunity: 
Turnover $2.4 million (approx.)
Profit $400k (approx.)
130+ seats with large outdoor dining/drinking area
8+ years lease (minimal)
$3,000 weekly rent.
$300k re-fit just completed.
Unique fully equipped live music atmosphere as part of the bar

Well-established over 20 years and well-known bar and restaurant.
Welcoming premises with quality fit-out and recent upgrades and a seating for approx. 130+ patrons across internal and external areas.
Licenced footpath seating for 48 at the front of the venue. Large bi-fold doors lead into a spacious restaurant with full bar and covered courtyard area.
Casual dining menu with broad appeal to cater to breakfast / lunch / dinner and families.
Lease with 3 years left to run, plus 1 x 5-year option (opportunity to get a further option)
On-premises licence with much sought-after Primary Service Authorisation (allowing the sale of liquor without food) with excellent selection of beers, wines, spirits and cocktail menu.
Strong revenue and run under management.
Well-equipped, nothing to spend (just undergone major internal renovation in late 2020 - $300k+)

Listing ID: NSW09725

Broker: Paul HelliwellPhone: 0419 015 046Email: paul.helliwell@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09725

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW09725
Timestamp: 20210515030109

Paul Helliwell
Link NSW
Paul Helliwell
Link NSW

Business Highlights

Business ID2016781470
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Last updated  5 Feb 2021
Map for Manly NSW 2095
Map for Manly NSW 2095Manly NSW 2095
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Paul Helliwell
Link NSW
Paul Helliwell
Link NSW

Business Highlights

Business ID2016781470
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  5 Feb 2021
Link NSW
Level 1, 181 Botany Road Waterloo NSW 2017
Paul Helliwell
Link NSW
Paul Helliwell
Link NSW

Ask Paul Helliwell about this business

Paul Helliwell

Paul Helliwell

Link NSW

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+61 419 015 046
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