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.
Basement Bar: Newly refurbished basement bar with separate street access
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 of this dynamic community.
Venue Highlights:
Annual Revenue $3.8m to $4m (FY24 & FY23)
Full Hotel Liquor License
(Late Night - ETA, 3x GME's currently leased until 2026, 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:
Any operational input from the new owner(s) will be of huge benefit.
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 Hospitality Brokers
