1SELL Listing Number: 1AU074
On offer is a beautiful and popular Cocktail Bar and Restaurant.
Incredibly beautiful and Iconic, tourist location!
Uniquely breathtaking setting, there is nothing like this in the Blue Mountains region.
Customers have come to appreciate the picturesque surroundings, amazing setting and nice menu, with many travelling from Sydney for an experience that is unmatched by any local competitor. And, many customers are repeat, with new customers attracted through advertising, website and word-of-mouth.
Also, the menu has been designed to offer varied meal selections and that will not only satisfy the diners, but also be cost effective with high margins.
This busy Cocktail Bar and Restaurant is situated on a busy Street, Beautiful Location!
Asking price $250,000+SAV.
Key Features
• On offer is a beautiful Cocktail Bar and Restaurant which has been operating since 2017.
• It is on the main and busy street of the town centre.
• It is well reputed for its excellent service and great food.
• Mainly staff operated.
• Lease until 2027 with an option to renew for further 5 years.
• Fully equipped kitchen and all the kitchen equipment are in good condition.
• Complete Bar setup, a unique mix of modern and contemporary design.
• Fridges, freezers, POS systems and monitors for menu are in place.
• Uber, Menulog and Door Dash delivery options are in place.
• Toilets and separate storage room on premises.
• Training provided and great opportunity for Owner operator.
• Excellent opportunity, vendor asking price is just $250,000
Revenue and Expenses
• Sales- $63,300/ month approx. with current short operating hours on weekdays.
• Rent per Month = $5,688/month
• Wages expenses = $18,555/month approx.
• Monthly net earnings before tax= $19,771/month approx.
Potential
• Increase the trading days and hours, as it is on the Main Street.
• Expand the menu and the offerings.
• All above should increase the volume of sales per month.
Cost to Acquire
• Business: $250,000+SAV.
• 6 months lease bond
• 1 month rental advance
• Legal fees for buying the business and lease transfer cost.
Disclaimer: Photos are for illustration purposes only and may not be the actual images of the business for sale.
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.
