Premiere Restaurant Bar Cafe
Boston Business Brokers introduce with pleasure an outstanding leasehold multi-use hospitality venue in popular Inner North West location, which was established by our clients 12 years ago, and is only offered for sale as our client pursues other interests.
This turnkey venue offers a truly unique opportunity to purchase an extremely successful and well established business. The venue is presented a very high standard and benefits from much repeat custom from locals who regularly return to this establishment time and time again.
Under full management
Suit Bar/Restaurant operator
Absolute prime trading position
Long established business
Large venue over 600sqm
Fully fitted with excellent FF&E
Brand new long secure lease 20yrs
Rental $120k p.a. +
Fully licensed 150pax
Full commercial kitchen
Potential to run 2 different concept/theme
Loads of parking
Sales Turnover: $80,000+ per week
This venue would be the ideal addition to a variety of prospective purchasers, from the multi-national chain hospitality/leisure companies to the smaller, independent owner. The stylish interior and overall atmosphere could easily be slotted into a large portfolio of similar venues, through its more corporate, but honest and genuine atmosphere.
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of any growth as it occurs. The business is being offered for sale as a going concern basis, positive cash flow and has shown consistent growth since opening.
Naturally, we would highly recommend viewing this quality business opportunity which genuinely comes to the market due to our client's desire to focus on other business commitments.