Summary
Prime location restaurant & bar with $1M+ fit-out, $1 million plus sales, big kitchen, full bar, liquor license, and huge growth potential. Fully managed and ready for new owners!
Potential
This venue offers immense growth opportunities. Extend trading hours beyond the current 5.5 days to capture additional revenue. Introduce delivery services or expand the menu to attract a broader audience. The spacious setup and prime location make it ideal for hosting events or private functions. Capitalize on the liquor license for off-premises sales or craft cocktail promotions. With a fully equipped kitchen and bar, the venue can easily be rebranded into a new concept to cater to evolving market demands.
Lease
1.5+5 years
Employees
Fully under-management, with front manager and the chef.
About the Business
This is an outstanding opportunity to acquire a highly successful restaurant and bar, located in a prime position and generating over $1 million in annual sales with just 5.5 days of trading per week. Boasting a high-end fit-out with a replacement value exceeding $1 million, this venue is stylishly designed and fully equipped for exceptional service.
Key Highlights:
- Great location with high foot & car traffic and visibility.
- Sophisticated fit-out with over $1 million replacement value.
- Currently achieving over $1 million in sales with room for growth.
- Fully under management, offering a turnkey operation.
- Big full-service bar with keg room, ideal for tap beer, cocktails, wines, spirits, and more.
- Expansive commercial kitchen with a variety of cooking equipment, cool room, and freezer room.
- Onsite toilets for guest convenience & liquor license.
- General Liquor License (On & Off-Premises) with a spacious dining area.
- Competitive rent for the location.
- Outdoor dining area available.
- Huge growth potential through extended trading hours, marketing, events, and menu innovation.
- Easily transformable to suit a new concept or brand.
This is a fantastic opportunity for anyone dreaming of owning their own business. You can walk in and start trading from the very first day! Or operating in your way, with your brand and cuisine.
The photo is not actual, this has to be confidential as the shop is managed by staffs.
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