BAY85 Licensed Restaurant and Bar
Stock Included: —
Stock Value: —
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For sale is one of Wagga’s best loved Restaurants and bars. Now at a significantly reduced price my clients have other business opportunities they wish to focus on and have instructed me that price is not a barrier to sale.
BAY85 has a high-quality modern fit-out with a full commercial kitchen and no further investment required and enjoys a prime location in a site where there has been a Restaurant for over 50 years.
There is a large main dining area that seats 60 a large function room/overflow dining room capable of seating 50 and outdoor seating for 12.
The lease is strong with 2 years left of the main term and 2 five year options.
Strong potential exists for the business to develop the coffee side of the business and to open for breakfast. The function room which opened last year will drive significant growth for the business particularly in the runup to Christmas.
My clients have laid the groundwork for new owners to come in and really take the business to the next level.
The sale of BAY85 is offering the opportunity to purchase a business with a modern, high quality fit-out, a prime location and a base of trade that is conservatively $20k per week. Anyone considering having a go at hospitality cannot afford to let this opportunity pass them by.
*Please note that for confidentiality the image in this advert is generic and not of the actual business
Turnover (inc GST) $21,403.00