Cocktail Bar Opportunity, Darlinghurst.
This is a rare opportunity to acquire a cool, intimate bar space within Sydney’s style and culture hub. The business is currently trading as a cafe / restaurant / bar.
Take advantage of the General Bar Licence and low rent to re-define the creative solution for this prime location.
This offer will likely be snapped up soon.
Key Features include:
- Relaxed fit out, lounges with communal, industrial and recycled elements.
- Bar has licenced capacity for 90 with seating for 36.
- Beverage offerings currently include craft beers, wines and extensive range of spirits.
- Food offerings are currently cooked Mod Aus & Asian from the full kitchen but could include anti pasta and tapas style cuisines, bar food and share plates that beautifully complement beverage options.
- Lease term to Oct 2027 (3 x 3 x 3)
- Rent low @ appprox $1,000 per week exc GST.
- Strong social media base and outstanding feedback from online review platforms.
- Extensive promotions have been undertaken to market the venue.
- Trading 6 days 9am to midnight.
- Contact broker for financials.
- The kitchen could easily support a variation in the current menu based on owner’s creative ambitions.
- Potential to build on event and venue hire revenue as this is a highly desirable and unique site for large private functions or product launch events.
- Opportunity for savvy marketer to ramp up the promotions and social media platforms to increase venue profile.
- Vary trade to suit based on DA 7am to midnight. Sunday licence to 10pm.
- Capture breakfast or taper back to bar hours eg 4pm-12pm.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4934920#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4934920#enquire-now
Annual Rent : $53,858 - Weekly Rent : $1,036
Annual Turnover : Not Disclosed - Weekly Turnover : Not Disclosed
Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed
Annual Ebit : Not Disclosed - Weekly Ebit : Not Disclosed
Premise : Leased
Lease Commencement : Oct 2018
Lease End : Mar 2021
Lease Option: 3 + 3 years
Total Land Area : 55 Square Metres
Total Floor Area : 55 Square Metres
Franchise : No
Approximate Stock Value : $0
Year Purchased : 2010
Year Established : 2009
Days Trading : 6
Staff : - 2 Casual
Staff Salaries : $50,000
Reason for Sale : New business venture
Location : Darlinghurst
Business Potential : Boost promotions, menu variation, hours of trade variation
To enquire about this listing, please fill in the form below.