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Leisure & Entertainment business for sale in Newtown

  • Leisure & Entertainment
  • Newtown NSW 2042
  • $289,000 (GST na)

Sydney Fringe Restaurant | Licensed Bar | Busy Food Strip | Immaculate Fitout

Well established bar & restaurant located close to the city in a thrilling hotspot. Under Semi- management.
Turn Over $18,000-$20,000 per Week.
Focal point of the bar/restaurant/cafe culture in the area with a large dining area and bar area and cosy covered courtyard.
The business is ideal for an ambitious buyer to push this business into its next phase.
Skills:
The businesses would suit a purchaser with experience in the hospitality industry who is looking for an operation with an excellent reputation that they can get involved in either as a hands-on owner or as an investment, leaving the day-to-day operations to the experienced team that is already in place. Can also expand daytime trading.

History:
Established 2+ years ago and is very well-known and recognised in the local community and beyond.

About the Business:
-Lease expires is February 2021 plus 3 years.
-$109,000p.a plus gst
-DA-approved
-PSA Liquor License

-Well-equipped, nothing to spend.

-Prime location in key area.

-Excellent customer reviews and ratings

-Seating approx. 60+ patrons plus courtyard and outdoor (potential to increase to 90+)
Well-established and well-known

-The Restaurant/Bar serve an excellent selection of beers, wines, spirits and cocktails, as well as offering a creative, casual dining menu with expansive offerings to suit all tastes. The business offers a strong and consistent revenue base with a capable team in place.
This business is ideal for an ambitious buyer to push this business into its next phase, delivering a world-class venue that will continue to make its mark on Sydney.

THIS OPPORTUNITY WONT LAST LONG!!
CALL TODAY TO DISCUSS!
OR CLICK THE LINK BELOW AND THEN THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION OR CONTACT THE AGENT:

Evonne Glinellis
0412933586

Business Highlights

Business ID2015809779
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Last updated  26 Nov 2019
Map for Newtown NSW 2042
Map for Newtown NSW 2042Newtown NSW 2042
Network Infinity
Suite 222, Level 2, 813 Pacific Highway Chatswood NSW 2067
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