BUSINESS HIGHLIGHTS:
– Additional covered outdoor dining area included within the lease at no additional rent
– Seating for approximately 30 guests indoors and 60 outdoors
– Liquor licence in place
– Established food and beverage offering with loyal repeat customers
– Rent of approximately $2,115 per week + GST, including outdoor dining access
– Comprehensive plant and equipment included
Fully Managed Hospitality Business Combining Strong Weekly Turnover, an Established Dining Reputation and an Experienced Team
Positioned within one of the region’s most recognised hospitality markets, this established restaurant and bar brings together a distinctive food and beverage offering, loyal customers and an experienced team.
Great hospitality businesses create an identity that keeps people coming back.
Operating since 2018, this business has developed that connection through a thoughtfully curated menu, relaxed dining environment and consistent hospitality. Its established reputation and repeat customer following provide a strong foundation for an incoming owner.
The business reports current weekly turnover of approximately $40,000, with average weekly takings of approximately $36,000. Currently trading seven days a week from 5pm–9pm, it operates under a fully managed structure supported by established systems and a team of full-time and casual staff.
The premises combine approximately 104m² of internal leased space with substantial covered alfresco dining included within the lease at no additional rent. Seating for approximately 30 guests indoors and 60 outdoors provides capacity well beyond the internal footprint.
BOND INSIGHT:
An established dining identity, repeat customers and an experienced team are valuable foundations for a hospitality business.
This opportunity combines those strengths with substantial turnover and a managed operating structure. The covered alfresco area adds meaningful dining capacity without additional rent, strengthening the appeal of the premises.
For an experienced operator or hospitality group, it offers an established business to build upon, with its customer following, team and operating systems already in place.
CONFIDENTIALITY:
To protect the privacy of the business, its staff and its customers, further information including a detailed Confidential Information Memorandum will be made available following completion of a Confidentiality Agreement.
Some images contained within this presentation may have been generated or enhanced for illustrative and marketing purposes. They are intended to represent the style and character of the opportunity and should not be relied upon as an exact representation of the business. Buyers are encouraged to undertake their own independent enquiries and due diligence.
