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Manly Restaurant Cocktail Bar. Great Reputation For Sale

North Sydney, New South Wales, Australia
Asking Price:
Refer to Broker
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: Refer to Broker
- Categories: Leisure/Entertainment
Key features of this opportunity:
* Turnover $2.4 million (approx.)
* Profit $400k (approx.)
* 130+ seats with large outdoor dining/drinking area
* 8+ years lease (minimal)
* $3,000 weekly rent.
* $300k re-fit just completed.
* Unique fully equipped live music atmosphere as part of the bar

Well-established over 20 years and well-known bar and restaurant.
* Welcoming premises with quality fit-out and recent upgrades and a seating for approx. 130+ patrons across internal and external areas.
* Licenced footpath seating for 48 at the front of the venue. Large bi-fold doors lead into a spacious restaurant with full bar and covered courtyard area.
* Casual dining menu with broad appeal to cater to breakfast / lunch / dinner and families.
* Lease with 3 years left to run, plus 1 x 5-year option (opportunity to get a further option)
* On-premises licence with much sought-after Primary Service Authorisation (allowing the sale of liquor without food) with excellent selection of beers, wines, spirits and cocktail menu.
* Strong revenue and run under management.
* Well-equipped, nothing to spend (just undergone major internal renovation in late 2020 - $300k+)

Listing ID: NSW09725

Broker: Paul HelliwellPhone: ---- --- ---Email: [email protected]

To complete an online confidentiality agreement, visit this business and enquire now at: https://------------.---.--/businesses-for-sale/ca/NSW09725

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW09725
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