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Bars & Nightclubs business for sale in Darlinghurst

  • Bars & Nightclubs
  • Darlinghurst NSW 2010
  • $188,000 (GST na)

SF1505 - Business For Sale - Bars Nightclubs Restaurant and Bar with PSA - Cafe - Darlinghurst - Profitable - 5 nights only

Bar - Restaurant - Takeaway - Cafe - Eastern Suburbs
SBX Business Code: SF1505
Restaurant - Bar - Trading five nights with loads of atmosphere and serving seasonal and simple good bar food including steak, seafood and a selection of tapas . - Takings are approx. 60% cocktails - 40% food. - Kitchen includes exhaust and grease trap. - Fully licensed with a PSA license in place and a clever selection of wines and beer. - One of the best opportunities as no chef is required - Excellent sales for only 5 nights per week trade - 50 seats

Potential
Could open more days and nights - Open for private functions and catering - Could introduce cafe by day / open for lunch - Continue to grow the business

Features
Profitable - Long lease - Easy to learn menu and training provided - Very popular - Lifestyle business - Staff should be prepared to stay on - 5 nights only - Nothing to spend - PSA License

Premises
All new set up New York style bar with marble table tops and large bar, a refined and beautifully designed room and area of 75 sq. mts.

Location
Situated on a busy main street in a very densely populated area known for its local bars and eateries in the Inner City area and minutes from the train station .

Trading Hours
5 nights - Tues - Sat. - 5 pm - 12 midnight

Lease
Current lease expires June, 2020 + 5 + 5 year option - 4% increases, - 3 month bond.

Employees
1 owner + 1 full timer + 1 parttimers + 1 casual

Comments
Misc.- 1- Other general expenses and GST - Very well run business. - Excellent systems in place - This business only trades 5 nights so lots of potential to open more days and further increase sales and profit. - It is a locals favourite as well as a popular destination for tourists. - Fit out cost was over $150K in Dec 2016 - A must to inspect but please be very discreet and do not approach any of the staff. Great looking venue!
Figures
Weekly Sales $11400
Rent (ex GST) $1898
Wages $3000
Profit $2407

SBX Business Code: SF1505

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014741207
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Category
Last updated  7 Jun 2019
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