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.
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.
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
-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!
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|Last updated||26 Nov 2019|