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Award Winning Surry Hills Venue For Sale

Business Opportunity for Sale
Surry Hills NSW

This fully licensed business in Surry Hills is well established, highly reviewed and the winner of multiple awards. The founding partners are now relocating and focused on individual projects.

Price $185,000 + SAV

Award Winning Surry Hills Venue For Sale

Stock Included:
Stock Value:
Years Est: 4+
Gross Revenue: 1750000
About the Business:

This fully licensed business was founded by industry experts, has an excellent ambiance, award winning reputation and a well established online media presence.

Revenue
$35,000 pw

Rent
$3,969 pw

Net Profit
$3,925 pw

Location:

Surry Hills is a popular area of Sydney known for on trend coffee shops, wine bars, pubs, restaurants, and fashion boutiques. It is greatly populated and easily accessible by public and private transport.

Potential:

Increase Growth by Adding Online Ordering Options
Add Private Dining Areas
Increase Profit Margin by Working In Business

Required Skills:

Best suited to someone with hospitality industry experience.

Lease:

Lease Began July 2015
Lease Ends July 2021
Option Period 3x3x3

Annual Turnover $1,750,000
Annual Net Profit $ 200,000+
Lease to 2021 + 3 year option
20 Employees
Currently operated primarily under management

DA approved trading hours 7am to Midnight Monday to Sunday
Handover period and training available

Reason for Sale:

The 3 founding members are now focused on individual projects.

Contact Seller

View Broker Profile

Contact: Nick Hazel
Phone: 02 8520 1145
Mobile: 0423 976 700
Bsale ID: 237914




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