Sporting Venue Bar & Bistro, Nth Canberra, 1.3M Annual Sales

If you're an experienced hospitality operator looking for your next venture, this is an opportunity not to be missed. An established bar and bistro operation is now available within a well-established local sporting venue, offering the rare opportunity to partner with the organisation and take over the day-to-day hospitality operations with a minimal upfront investment. Currently generating approximately $1.3 million in annual sales, the business benefits from consistent patronage and built-in foot traffic generated by the venue's sporting activities, functions and events. A well-trained team is already in place, allowing an experienced operator to step in and continue trading from day one. The venue is fully equipped with substantial hospitality infrastructure, including a large commercial kitchen, walk-in cool rooms and freezers, a fully fitted bar with tap beer systems and quality plant and equipment throughout. Everything required to operate a high-volume hospitality business is already in place. The organisation is seeking an experienced hospitality operator who can build on the strong foundations already established. Attractive lease terms are available, making this an exceptional opportunity for the right operator to secure a proven venue without the significant setup costs associated with a new hospitality business. Key Features - Established bar and bistro business - Approximately $1.3 million in annual turnover - Minimal cost of entry - Guaranteed customer traffic from a large sporting venue - Fully staffed with experienced team in place - Large commercial kitchen - Walk-in cool rooms and freezers - Fully equipped bar with tap beer system - Attractive lease terms available - Opportunity to grow trade through functions, events and expanded food and beverage offerings This opportunity is suited to an experienced hospitality operator or hospitality group looking to secure an established venue with strong existing trade and genuine growth potential. **Please note that for confidentiality the image in this advert is generic and is not of the actual business** Lease Details A new lease will be entered into with the new operator. - Initial 3 Months rent free period - 7% turnover rent for first 12 months - 8% turnover Premises Details Approx 340 SqM Staff Details 2 x Full time chefs Team of Casual Kitchen Staff Team of Casual Front of House Staff Weekly Sales $26,000