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Beautiful 5-Day Pizza Restaurant with Huge Kitchen & Frontage | MAS242
Summary
Well-established American dive bar-themed restaurant in Darlinghurst. Established in 2016, the business has built a strong reputation, loyal customer base and established social media presence.
Revenue
$14,000 pw
Rent
$1,672 pw
Expenses
$10,000 pw
Net Profit
$4,000 pw
Location Details
2 Chapel St, Darlinghurst
Potential
Established American dive bar restaurant with a strong brand, loyal customer base and established social media presence. Currently generating approx. $700k turnover and approx. $180k profit with part-time owner involvement. Growth opportunities include expanding marketing and trading hours. Franchise opportunities are also available, providing potential to expand the concept into additional locations.
Skills
Ideal for an owner with a passion for hospitality, food and customer service. Previous restaurant or hospitality experience is advantageous but not essential. The business has an established concept, menu, branding and operating structure. Training and handover will be provided, making this suitable for an experienced operator, owner-operator, investor or hospitality group.
Hours
Tuesday to Thursday 5pm - 9pm and Friday & Saturday 12pm - 10pm. Lots of head room to expand trading hours.
Lease
3 Years lease extension available.
Employees
Easy going, no more than 5 employees including owner involvement.
Reason for Sale
The business is being offered for sale due to the current owner's relocation plans.
This presents an opportunity to acquire an established hospitality business with an existing brand, customer base, fit-out and operating systems already in place.
About the Business
**Asking Price: $130,000**
An exciting opportunity to acquire a well-established hospitality venue located in the heart of Darlinghurst, Sydney.
Offering a unique dining experience centred around chicken wings, tin beers and a relaxed dive-bar atmosphere. The business has built a strong reputation and established social media presence, creating an excellent foundation for a new owner to continue operating and grow the concept.
KEY HIGHLIGHTS
- Approx. $700,000 annual turnover
- Approx. $180,000 annual profit
- Restaurant established since 2016
- Part-time owner involvement
- No more than 3 employees required at any given time
- Fully fitted and operational restaurant
- Complete fit-out and equipment included
- 3-year lease extension available
- Strong and established social media presence
- Franchise opportunity available
- Training and handover provided
GROWTH OPPORTUNITIES
There are several opportunities for a new owner to further develop the business, including:
- Expanding trading hours
- Increasing marketing and social media activity
- Introducing new menu offerings
- Developing catering opportunities
- Expanding the Wings & Tins brand into additional locations
- Exploring the **franchise opportunity**
- Increasing owner involvement to maximise profitability
REASON FOR SALE
The business is being offered for sale due to the owner's relocation plans.
This presents an opportunity to acquire an established hospitality business with an existing brand, customer base, fit-out and operating systems already in place.
HANDOVER & TRAINING
The current owner will provide training and handover support to assist with a smooth transition to the new owner.
IDEAL OPPORTUNITY
The business would suit
- An experienced hospitality operator
- An owner-operator looking for an established business
- An investor seeking an operating restaurant
- A hospitality group looking to add a unique concept
- An entrepreneur interested in developing the brand through franchising
Enquire today for further information, financial details and to arrange a confidential inspection.
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