Restaurant and Cocktails. Prime Location!
- Proposed Usage
- Tourism & Hospitality
- Property ID
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This such a cool place! There has been a massive buzz about it both in magazines and online and it is a real social media hit.
The fit-out is uber chic and the layout is great. There is such a light feeling about the place with an easy flow from inside to a stunning covered outside space. The owners have done a wonderful job building a desirable dining and drinking destination in this always popular suburb.
The business is strong. Sales are over $20k per week and, with strong alcohol sales, the margins are excellent. Just 26% cost of sales, in fact!
Sales are in real growth mode. This has become THE place for corporate to have private functions. Last two weeks have seen functions for $26k and $37k!
A working owner should be able to achieve a surplus of $240,000 plus here. Currently it is fully managed.Very desirable locationAmazing fit-out and feel to itSuperb marginsStrong lease in placeMassive social media presenceVery real opportunity for growth.
Exceptionally realistic asking price. This will not last long on the market.