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St Elmo Restaurant And Bar

Business for Sale
St Elmo
Byron Bay NSW

Rare opportunity to enter the prestigious Byron Bay market. Well renowned, long established restaurant with rare liquor licence, ideal location, solid financials+ Long lease. Not to be missed.

Price POA

St Elmo Restaurant and Bar

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Years Est:
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Summary
St Elmo Bar & Restaurant, Byron Bay, for sale. Offering modern Spanish Tapas and exquisit bar. Over ten years trading, offering excellent returns to owners. Long lease and rare Liquor Licence.

Location Details
Fletcher Street, Byron Bay

About the Business
Over the last decade, St Elmo has established a reputation as one of the premier places to wine and dine in the heart of Byron Bay. Drawing in locals and holiday makers with its contemporary, light filled fit out and dynamic menu. The St Elmo experience has been described as the most authentic tapas experience this side of Spain, engaging the best produce and suppliers of the region accompanied by an ever-changing wine list that keeps people coming back for more.

St Elmo Bar & Restaurant is offered for sale with the following key features
• Long lease with favourable conditions. Latest possible expiration date of current lease is December 2030.
• One of the few establishments in Byron Bay with an On-Premise Liquor Licence, allowing St Elmo to trade as a bar as well as a restaurant.
• Excellent Location in Fletcher St, in what is quickly becoming THE place to eat and drink in Byron Bay
• Highly attractive fit-out including feature mosaic bar and atmospheric lighting
• A reputation for some of the best Spanish Tapas found in Australia and an outstanding wine and cocktail selection.

St Elmo offers excellent returns to its current owners and is listed for sale with interest between $1.65M - $1.75M + SAV. This is an exciting opportunity to own an iconic Byron Bay restaurant and reap the rewards this tourist mecca town has to offer.

To obtain a full Business Profile document on this outstanding opportunity please contact Donohoe Business Sales on 0475 670 675.

Website URL


https://stelmodining.com/

Potential


Strong avenues for potential growth have been identified by our assessment team. Please contact for further information.

Training



Owners are available for a full and comprehensive handover.

Contact Seller

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Contact: Angela
Phone: 0475670675
Mobile: +61
Bsale ID: 229119
Agent ID: 10074437




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