Location:
Newcastle 2300 > Regional NSW > New South Wales
Investment level:
$149,000 + SAV
Type:
Business
Industry:
Food & Drink > Pubs, Bars & Clubs > Pubs Bars
High-end cocktail bar with strong beverage sales & growth potential
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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