Welcome to Biz Trader. Buying and Selling Businesses online!

successful busy bar in barangaroo district

Successful Busy Bar in Barangaroo District (Ref No:66434)

Successful Busy Bar in Barangaroo District

A beautifully presented trendy and atmospheric bar with dimmed lights, comfy seats and (the impression of) a roaring fire. 

Key Features:

- Catering to the local corporate lunchtime and after work drinks crowd.

- Comprehensive drinks menu with cocktails and an extensive wine list.

- Sophisticated bar food with a Japanese flavour.

- Outdoor seating area.

- The current owner has developed a very successful business in two years with an annual turnover of more than $900,000.  

- Sale price is only a little more than one year\'s profit.

- The owner is selling to pursue other business interests.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3759452#enquire-now


Annual Rent : $89,640 -
Weekly Rent : $1,724

Annual Turnover : $990,000 -
Weekly Turnover : $19,038

Annual Gross Profit : Not Disclosed -
Weekly Gross Profit : Not Disclosed

Annual Ebit : $410,000 -
Weekly Ebit : $7,885

Premise : Leased

Lease Commencement : May 2015

Lease End : May 2019

Lease Option:
2 + 2 + 2 years

Year Established : 2015

Days Trading : 6

Staff :
2 Full Time - 2 Part Time

Staff Salaries : $200,000

Reason for Sale : Owner wants to pursue another business venture.

Location : Excellent location in thriving new district of Barangaroo.

Business Potential : Large corporate companies moving into nearby buildings.

Category: Business Opportunity, Restaurant

Price: $490000

State : New South Wales

City : Barangaroo

  • Contact the Seller
  • More About You

Contact the Seller

Send me Copy of Enquiry?    

More About You