About the Business

Revenue
$1,7mil pa turnover
$250k+ pa (in owner wages & profit)

Rent
158k pa (9% of total turnover), long lease with further 5 year option;

Location
Unbeatable corner location in the heart of Redfern - hot dining precinct on the CBD Fringe;
Council approved seating along two street fronts;
Redfern station 2min walk, new Waterloo Metro Station 5 min walk.
Close to corporate head offices in Eveleigh and event space Carriageworks;

Hours
5 days, Tues to Sat (dinner 5 nights, lunch Fri & Sat)
Plenty of scope to increase turnover with hours and/or functions;

Opportunity:
Very rare opportunity to acquire a much loved, well located and very busy small bar in one of Sydney's best destination wine & food suburbs. Excellent lifestyle business, currently trading 5 days and returning an excellent owners wage + profit. Fully fitted out kitchen with exhaust, plenty of storage, well set up and easy to run wine bar.

Well established kitchen & bar team - focus on Australian Wines and seasonal produce. Excellent supplier contacts.

Responsive instagram/social media presence of over 10k followers, excellent google reviews. Winner of a Time Out Bar Award on opening.

This is a dream business, already set up and succeeding in a very tightly held part of Redfern. All books, receipts and tax lodgments available. Only reason we are selling is due to an interstate move due to family reasons. Very reluctant sale.

Call or text to discuss further.