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Listing ID: 3037017

Small Boutique Bar In Newtown, Nsw For Sale

Newtown, New South Wales, Australia

Asking Price:: $145,000 (AUD) Furniture / Fixtures included

Sales Revenue:: Available on request

Cash Flow:: Available on request

Established Boutique Small Bar for sale in Sydney's vibrant Inner West, with focus on cocktails, craft beer and natural wines. Huge potential for increased trade, with recently gained extended trading hours licence (midnight/1am).

Newly refurbed décor & quirky fit out, ready to trade straight away!

Footpath approval (for alfresco drinking) and appealing lists of assets included.

With a capacity of 60, this space is a perfect opportunity for a new owner operator - very competitive rent prices and 3 x 3 year lease in place (with option to increase).

For more information, please contact us by using the form below.

Property Information

Real Estate:: Lease

Lease Terms:: 2 years remaining on lease with option to increase for another 2 x 3 years - option to increase this term upon request to landlord.

Leasehold Rent:: $37,284 (AUD) per annum

Location:: Newtown / Enmore

Premises Details:: A confidentiality agreement will be executed before finer details regarding the premises are discussed.

Business Operation

Reasons for selling:: Have been operating the business for 8 years now and ready for a new endeavour.

Trading hours:: Sunday-Thursday 5pm-Midnight
Friday & Saturday 5pm-1am

Employees:: 4

Years established:: 2013

Other Information

Support & training:: A thorough handover period will be conducted to ensure full confidence of operations.

Furniture / Fixtures value:: $70,000 (AUD) - included in the asking price

Inventory / Stock value:: $8,000 (AUD)

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