Fully Licensed Tapas & Cocktail Venue – Newcastle

This business is already sold
Trading just 5 days per week and closed on public holidays.

Key Sale Highlights

This listing is posted by a private seller

Business Overview

When you don’t want a cliché café or an exhaustive restaurant. This boutique and very cool business is a game changer that has innovated and created something different.

The venue has an eclectic style and vibe with an identity different to other hospitality venues. It is known for its tapas, tasting plates and cocktails.

Trading just 5 days per week and closed on public holidays, which the staff love and appreciate.

Rent is about 10% of turnover (sales circa $1,300,000) with adjusted profit estimated to be around $110,000 to the owner who works 4 days per week.

The extensive fit out and equipment worth well over the asking price is included in the sale.

If you are searching for a hospitality business in the Newcastle area, want something different and very manageable then check out this business that may tick all your boxes.

  • Positive social media – positive reviews – brand – reputation.

  • 10 years of operation and momentum is only getting stronger.

  • Extensive plant – equipment – fit out (estimated well over $200,000)

  • Long secure lease – very manageable rent.

  • Trades just 5 days – closed public holidays

  • On premise and PSA liquor licence.

  • Owner works a flexible roster usually just 4 days per week.

  • Exceptional and very desirable area.

Financials

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Location Details

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This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

Confidential Business Information and FAQ's

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