This Bar & Restaurant lease is on the market, presenting an unparalleled chance to step into a fully operational multicultural bar and restaurant with a vibrant atmosphere and a modern fit-out.
Established just a year ago with a contemporary design, is primed for an entrepreneur eager to make a mark in the hospitality industry.
Key highlights:
Turnkey Operation (WIWO): Dive right into business walk-in, walk-out offering. Everything you need, from kitchen equipment to furniture, is included, making your transition seamless and straightforward.
Licensed for 80 Patrons: A liquor license that accommodates up to 80 guests, perfect for hosting events or bustling dinner services. The included beer garden adds a charming touch for outdoor dining and socializing.
Attractive Lease Terms: Feel secure with 2 and a half years remaining on the current lease and an option to renew for 4 additional 3-year terms, totalling up to 12 years. This long-term lease opportunity offers stability and ample time to expand and thrive.
Proven Revenue: In its first year, has shown promising potential with an annual revenue of $270,000. With strategic management, there's substantial scope to enhance these figures.
Prime Location with Outdoor Appeal: Situated in a bustling city area, this restaurant attracts both local patrons and tourists. The charming beer garden is a unique feature that sets this venue apart, offering guests a delightful al fresco dining experience.
Modern Fit-Out: Benefit from a nearly new fit-out, completed only 12 months ago, which provides a stylish and welcoming environment for guests.
Stepping into this restaurant means more than just acquiring a business, it's embracing a platform for potential exponential growth in the Italian culinary scene.
This restaurant offers a rare opportunity to enhance and capitalize on an already attractive setup.
Whether you're an experienced restaurateur or a new entrepreneur, This Bar & Restaurant offers the perfect blend of operational readiness and growth potential.
Contact agent Erin Warhurst
