Business ID: BS142165
Turnover: $540,000 Close to Byron Bay One hours flight from Sydney
Shortys would have to be one of the best hospitality businesses on the market right now. Located between Ballina and Byron Bay, Lennox Head is a popular beach town which attracts many thousands of visitors every year.
Business highlights
-Currently the only cocktail and tapas bar in Lennox Head
-Potential to open 7 days for breakfast, lunch and dinner with opportunity to expand next door
-Excellent main street location
-Established for 7 years - proof of consistent yearly growth
-Specializes in tapas, cocktails, wine and craft beer
-Wide range of customers of all ages and demographics
-Strong local following ensuring good profits throughout the winter months
-Many tourists during the holidays and summer months
-Venue seats approximately 70 with extra waiting areas at the bar, including both indoor and outdoor courtyard seating
-Current restaurant license with an exemption to serve alcohol without food
-Business set up for an experienced hospitality manager to run
-Sales includes all kitchen and bar equipment
-New 3 x 3 lease term
-Efficient POS and front-of-house systems in place
-Contacts with local, trusted and reliable suppliers and tradespeople
Shortys is very well known in Lennox and consistently receives excellent reviews on all social media, being the #1 TripAdvisor restaurant in Lennox for over a year. Currently this business closes for 6 weeks of the year for holidays, ensuring a great work/life balance for new owners if they choose to keep the business hours the same.
The current owners are offering a generous changeover period with one owner willing to stay on for further training if required, or alternatively WIWO if preferred.
Price: $170,000
