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Wine Bar -Cocktail Bar- Restaurant - Tapas - Cafe - Wine Bar - Cocktail Bar - Psa Licence - Tapas - Inner City Sydney - Darlinghurst For Sale

Darlinghurst, New South Wales, Australia
Asking Price:
$68,000 (AUD)
Sales Revenue:
$592,800 (AUD)
Cash Flow:
$125,164 (AUD)

Wine Bar/ Restaurant with PSA - Cocktails - Tapas - Restaurant - Currently closed this is a wiwo and not selling on figures opportunity - Was Trading four to five nights with loads of atmosphere, good reviews and serving seasonal and simple good bar food including steak, seafood and a selection of tapas . - Takings approx. 60% cocktails - 40% food. - Kitchen includes exhaust and grease trap. - Fully licensed with a PSA license in place - 50 seats - Figures shown are the weekly average for 2019 - This is currently not a going concern and gst may be applicable of 10% - No stock

Potential
Could open more days and nights - Open for private functions and catering - Could introduce cafe by day / open for lunch - Continue to grow the business

Features
Long lease - Easy to learn menu and training provided - Very popular - Lifestyle business - Nothing to spend - PSA License and ready to trade again - No Lockout laws

Premises
All new set up New York style bar with marble table tops and large bar, a refined and beautifully designed room and area of 75 sq. mts.

Location
Situated on a busy main street in a very densely populated area known for its local bars and eateries in the Inner City area and minutes from the train station .

Trading Hours
5 nights - Tues - Sat. - 5 pm - 12 midnight (Currently closed)_

Lease
Current lease expires June, 2022 + 5 year option - 4% increases, - 3 month bond.

Employees
1 owner + 2 parttimers + 1 casual

Comments

Property Information

Location:

Situated on a busy main street in a very densely populated area known for its local bars and eateries in the Inner City area and minutes from the train station .

Business Operation

Expansion Potential:

Could open more days and nights - Open for private functions and catering - Could introduce cafe by day / open for lunch - Continue to grow the business

Trading hours:

5 nights - Tues - Sat. - 5 pm - 12 midnight (Currently closed)_

Employees:
1 owner + 2 parttimers + 1 casual
Years established:
2011

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