- Price: $695,000 + SAV
One-of-a-kind venue and offering. An exceptional opportunity to acquire one of Wagga Wagga's most recognised and established hospitality venues. Tilly's is a multi-faceted destination and revenue streams, combining restaurant dining, cocktail bar service, nightclub operations and private functions. Positioned in the heart of the CBD, the business benefits from strong foot traffic, a loyal customer base, and a reputation as a leading entertainment venue in the region.
KEY FEATURES:
- Annual revenue exceeding $3M+ consistently with diversified income streams
- Secure lease to 2028 + 5-year option (option to 2033)
- Approx.1,331sqm footprint in prime CBD location
- Gross rent $15,000 per month + GST (outgoings included)
- Multi-zone venue including restaurant, bar, nightclub & function spaces
- Capacity for up to ~550 patrons in main entertainment area
- Established systems, procedures & experienced team in place
- Strong growth potential through expanded events, dining & marketing initiatives
Tilly's presents a rare opportunity to secure a high-profile, fully operational hospitality venue with scale, brand recognition, and multiple revenue streams. Ideal for an experienced operator, investor, or hospitality group seeking a flagship venue in one of regional NSW's strongest markets.
Please note that this is a confidential business sale. Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
