Manly Restaurant Cocktail Bar. Great Reputation
(no street name provided), Manly NSW 2095
Refer to Broker
BusinessSize: n/a
Key features of this opportunity:
Turnover $2.4 million (approx.)
Profit $400k (approx.)
130+ seats with large outdoor dining/drinking area
15 years lease (minimal)
$3,200 weekly rent.
$300k re-fit just completed.
Unique fully equipped live music atmosphere as part of the bar
Conveniently located in the heart of the local CBD with high foot traffic exposure
DA APPROVED March 2024;
Extending premises up to 250 seats, with access to 3 x existing commercial kitchens
Exclusive use of 206sqm external courtyard with approval for fitout, including outdoor bar and weatherproof retractable awnings (all seasons)
Dual street frontage
Well-established over 20 years and well-known bar and restaurant.
Welcoming premises with quality fit-out and recent upgrades and a seating for approx. 130+ patrons across internal and external areas.
Licenced footpath seating for 48 at the front of the venue. Large bi-fold doors lead into a spacious restaurant with full bar and covered courtyard area.
Recent (April 2024) upgrades of music production equipment and sound proofing ($100,000)
Casual dining menu with broad appeal to cater to breakfast / lunch / dinner and families.
New lease with 15 years left to run (5 x 5 x 5)
On-premises licence with much sought-after Primary Service Authorisation (allowing the sale of liquor without food) with excellent selection of beers, wines, spirits and cocktail menu.
Strong revenue and run under management.
Well-equipped, nothing to spend (just undergone major internal renovation in late 2020/21 $300k+)
Huge potential with DA Approval to extend premises, including extensive outdoor dining, with accountant financial projections exceeding $6 million turnover and $1 million profit.
Listing ID: NSW09725
Broker: Paul HelliwellPhone: 0419 015 046Email: paul.helliwell@linkbusiness.com.au
To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis.
Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW09725
Ref: NSW09725
Timestamp: 20240510040003
Turnover $2.4 million (approx.)
Profit $400k (approx.)
130+ seats with large outdoor dining/drinking area
15 years lease (minimal)
$3,200 weekly rent.
$300k re-fit just completed.
Unique fully equipped live music atmosphere as part of the bar
Conveniently located in the heart of the local CBD with high foot traffic exposure
DA APPROVED March 2024;
Extending premises up to 250 seats, with access to 3 x existing commercial kitchens
Exclusive use of 206sqm external courtyard with approval for fitout, including outdoor bar and weatherproof retractable awnings (all seasons)
Dual street frontage
Well-established over 20 years and well-known bar and restaurant.
Welcoming premises with quality fit-out and recent upgrades and a seating for approx. 130+ patrons across internal and external areas.
Licenced footpath seating for 48 at the front of the venue. Large bi-fold doors lead into a spacious restaurant with full bar and covered courtyard area.
Recent (April 2024) upgrades of music production equipment and sound proofing ($100,000)
Casual dining menu with broad appeal to cater to breakfast / lunch / dinner and families.
New lease with 15 years left to run (5 x 5 x 5)
On-premises licence with much sought-after Primary Service Authorisation (allowing the sale of liquor without food) with excellent selection of beers, wines, spirits and cocktail menu.
Strong revenue and run under management.
Well-equipped, nothing to spend (just undergone major internal renovation in late 2020/21 $300k+)
Huge potential with DA Approval to extend premises, including extensive outdoor dining, with accountant financial projections exceeding $6 million turnover and $1 million profit.
Listing ID: NSW09725
Broker: Paul HelliwellPhone: 0419 015 046Email: paul.helliwell@linkbusiness.com.au
To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis.
Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW09725
Ref: NSW09725
Timestamp: 20240510040003
Inspections
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Key details
Property type:
Business
Other Details
Property history
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SummaryMedian sales
Average Age
39 years
Population
16,296
Listing ID: 182514253. This listing has been viewed 0 times. It was first displayed on 10/05/2024 and last updated on 10/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.