Established Bar & Eatery | Strong Profit, Strong Lease

11 days ago

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Olivia Casson
 

Summary

Strong Team

About the Business

Locals Favourite Bar & Restaurant – Lower North Shore
A long-standing crowd favourite with strong returns, loyal clientele, and minimal competition. Turnkey and profitable — just step in and start earning.

Lease Details
Secure lease to 2032 with 2.5% annual increases
Rent is just $1,982 + GST/week — around 10% of revenue

Premises Details
Approx. 100 sqm with seating for 90+ inside and out
Licensed to midnight
Full commercial kitchen, walk-in cool room, on-premises toilets
No capital spend required — everything’s in place and working

Opening Hours
Tues–Fri from 5pm
Sat–Sun from 2pm
Closed Mondays

Opportunity
Already profitable, with clear ways to grow:
Extend trading hours (currently only 6 nights, 2 days)
Increase private function bookings
Leverage midnight licence for late-night trade
Boost local marketing and community events
Hands-on owners could easily lift profits further

**Weekly**
Sales $23,700
Rent $1,982
Wages $7,800
Net Profit $3,032

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