Food, Beverage & Hospitality business for sale in Sydney
- Food, Beverage & Hospitality
- Sydney NSW 2000
- $850,000 plus SAV
Iconic Multi-Level Sydney Hotel
Retail Business present this exclusive opportunity to acquire a renowned and historically significant hospitality business. This exceptional venue is a jewel in the heart of a vibrant urban district, known for its cultural significance and bustling night life.
This multi-level establishment boasts a unique architectural blend, merging historic charm with modern amenities, creating an inviting atmosphere for a diverse clientele. With a generous total capacity, the venue offers a variety of spaces, each tailored to provide an unparalleled experience. It includes:
Multiple Bars and Lounges: Perfect for Live Music, Parties, Social Gatherings, Casual Drinks and much more.
Versatile Event Spaces: Equipped to host top spec. Nightclub Operations, Corporate Events, Private Celebrations, these areas are adaptable and stylish.
Rooftop Bar: This space provides an exclusive escape with panoramic views, ideal for special events and an extension of the venue offering.
Dining and Casual Eating Areas: Catering to a range of culinary preferences, these spaces combine excellent food and entertainment within a comfortable setting.
The business has reached a strong operational consistency, benefiting from its strategic location and strong reputation. It is a turnkey operation with established operational systems, making it an attractive proposition for investors seeking a business with a stable revenue stream and with so much potential for further growth.
For the experienced operator/investor this is more than just a purchase; it's an opportunity to own a piece of history, a thriving business, and a prominent Sydney venue...
THE cornerstone in this dynamic community.
Venue Highlights:
Revenue $4m+ (FY2023)
Net Owner Benefit $456k (FY2023)
Full Hotel Liquor License
(Late Night - Extended Trading Authorisation, 3x GME's, 735 Capacity)
Lease:
Lease Commencement: 21 April 2021
Term: Six (6) years plus Five (5) years
Monthly Rental: $39,703.11 plus GST plus outgoings
Potential:
Activate Dive Bar
Create Gaming Room
Extend trading hours to capture daily lunch trade
Confidentiality and discretion are paramount in this sale process to ensure a smooth transition and continued success for the new owner.
Contact Barn at Retail Business to register your interest today.
Business Highlights
Business ID | 2019268647 |
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Floor Area | Ask Business Broker |
Category | |
Last updated | 18 Nov 2024 |
Business Highlights
Business ID | 2019268647 |
---|---|
Floor Area | Ask Business Broker |
Category | |
Last updated | 18 Nov 2024 |