SOLD! Unique Restaurant/Bar For Sale – Excellent location on city fringe.

The present owner of the building recently opened this great restaurant/bar to set up her premises to attract a quality tenant. She has done a great job of the fitout creating this unique venue for a local’s drop in and for the visitors checking out the cultural scene in the area.

The rental terms are attractive with the landlord being flexible on length of lease term. There are a number of opportunities for extra income streams. The first year of operation is very promising with turnover expected to be close to $450k.

• Prime location close to Sydney CBD.
• Good consistent turnover.
• Potential for multiple streams of revenue.
• Well-appointed with near new innovative fitout.
• Lease terms flexible
• Reasonable rental terms.
• Very busy location with large population
• On-premises licence (PSA Licence being applied for)
• Located in one of Sydney’s sought after suburbs.
• Potential for growth.
• Popular products on the menu.
• Good systems in place provides ease of operation
• Voted one of Sydney’s best new bars.
• Would suit partnership

The owner is offering a trial period of 2 weeks at $8k per week, this will be after exchange of contracts. There will be 2 weeks full training after settlement and then ongoing consultancy if required, to be negotiated at sale.

This is a fantastic opportunity for someone to purchase an established venue that has already acquired a solid customer base. It can be built on with an aggressive marketing strategy. The second level of the premises has loads of potential to add growth to the business. It is a must see opportunity.

The sale price of $120,000 includes all plant, equipment and goodwill.