Description

Fully licensed bar / restaurant selling beer, wine and fusion foods with 250 sq.mts. inside with 150 seats plus 72 seat outdoor setting. The business has an excellent setup with good lighting, sound-proof sound system, full functional air-conditioning and heating.

Potential

This business has an opportunity to open for breakfast and add coffee for which there is a strong demand.

Features

Under full management - Fully licensed with 11 taps installed - The business regularly holds corporate meetings, after-office drinks and large group meetings.

Premises

Business has 250 sqm with top fit out. 26 meter wide of shop front and high ceilings.

Location

Situated in City Fringe street front of busy shopping centre with more than 5000 apartments in the area and a lot of new developments under construction around the shop.

Trading Hours

7 days. - Monday to Saturday: 11:30 am till late. Sunday: 11:30 am to 10 pm.

Lease

Current lease expires 27th May 2027 - New 5 year lease is available for approved purchaser. - 5% annual increases. - 3 months Bank guarantee.

Employees

6 full timers + 3 part timers + 8 casuals.

Comments

Misc.-1 - $144 software and IT support fee etc. - Misc.-2.- $800 Live Music DJ payment. - Under fully management. Vendor does paper work only. - Don't miss out. Call your broker for an inspection. Staff are not aware. Inspections only through your SBX Broker. - The weekly takings of $55,000 p.w. is true turnover and without GST.

SBX ID

SM1522