Manly, New South Wales 2095
Cocktail Bar And Restaurant On Sydney's Northern Beaches
For Sale | $1,150,000
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 Helliwell
Phone: 0419 015 046
To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/nsw09725
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF