Exciting Bar/Restaurant with strong profit, systems!

Today, 12:23pm

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David Cahill
 

Summary

Under management

About the Business

Genuinely exciting opportunity to acquire a profitable bar that has gone from strength to strength.

This fully fitted, architecturally designed venue offers a refined blend of Italian-inspired charm and coastal vibes, complete with lush greenery, terrazzo finishes, festoon lighting.

This business ticks a lot of boxes!

*Profitable - Consistent performance that is going from strength to strength often hitting $50k net sales per week with an average of $45,000 in FY25.
*Under management with a strong management team in place.
*High degree of systemisation and processes in place with staff portals, task lists via staff app and a well rounded and integrated tech stack.
*Very strong and consistent trade from group booking for events such as birthdays, anniversaries and large groups.
*Trademarked brand - Owning this business will also grant the buyer ownership of the brand which has been licensed to go with a business that has been developed to be replicated via franchising, licensing or becoming a multi-site for the owner.

Key Figures:
* Sales - 2.3m FY25
* Wages - 33%
* COGS - 27%
* Lease - 7.5% GROSS! And with 14 years remaining!

Act now to add this business to your portfolio!

Lease Details
The 4.5 x 10 year lease commenced in Dec 2019. 3% CPI increases A Three-month bond is required.

Premises Details
300sqm - Full commercial kitchen and store room. Undercover, indoor, Outdoor seating area + Internal Toilets

Staff Details
The business is currently run under management with 4 salaried staff (3 FOH and 1 Kitchen) with a casual team of 5

Opening Hours
6 days.
Tuesday 5-9pm
Wednesday 5-9:30pm
Thursday 5-9:30pm
Friday 12-12am
Saturday 12-12am
Sunday 12-9pm

Opportunity
Incredible opportunity to reproduce this concept and brand. It has been built with this idea front of mind.
Further increase profitability by improving COGS, Wages and overspend on some expenses.

**Weekly**
Sales $45,248.88
Rent $3,205.99
Wages $14,449.76
Net Profit $5,548.32

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