*UNDER OFFER* Iconic Tavern location - Under management

26 days ago

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Internal Ref: 6866

Summary

Prime Location Tavern Under Management running Seamlessly with Specifically designed Systems and Procedures. High Turnover of $3.3 Million.

About the Business

This business presents significant possibilities for expansion with new ownership. Its robust foundation and promising outlook for growth render it a compelling investment opportunity.

This is the perfect venue for a quiet drink, a relaxing lunch, or a night out with family and friends in the well appointed bar/restaurant. Patrons can also enjoy their drinks and or meals in the wrap around adjoining alfresco area.

The business operates under management. The long serving Manager handles the day-to-day operation and there is an additional full time Head Chef who leads the kitchen staff.

Opportunities exist for expansion with the use of the secondary kitchen that is not currently utilised to capacity.

Key Points;

Exclusive position

Tavern Licence

High turnover - $3.3M

70% Gross profit Margin

Prominent corner location - 50,000 cars pass each day.

Management team in place - Fully staffed with layers of management, systems and procedures.

35 + year history

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