Upscale Cocktail Bar in Prime Newcastle Location

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Summary

High-end cocktail bar with strong beverage sales & growth potential

About the Business

This upscale cocktail bar operates from a distinctive Newcastle venue with characterful interior features. Established in the 2020s, the business has quickly positioned itself as the premier cocktail destination in its precinct, demonstrating strong beverage-focused revenue with 75-85% of turnover from drinks. The business has carved out a distinct niche by offering Melbourne and Sydney-calibre service with handcrafted cocktails featuring house-made extractions and exotic ingredients.

Full table service throughout the venue, including private rooms and a separate level, provides a premium experience that sets it apart from standard bar operations. Located near in an upmarket neighbourhood, the business benefits from natural pre-dinner and post-dinner cocktail traffic with limited direct competition in its area.

Immediate growth opportunities include extending to seven-day trading, introducing daytime cafe service with existing professional coffee equipment and developing the underutilised function space for weddings and corporate events. Two owner-managers currently work full-time with one full-time chef, one full-time front of house staff member and casual support on busy nights.

*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.

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