Established Small Bar/ Live Music/ Performance Venue for sale
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About this business
In the broker's words
Full description, as written by the brokerPhone enquiries - quote property ID 40964.
E.O.I
Looking for a standout, turnkey hospitality venue in Inner West Sydney’s thriving live music/ entertainment/ small bar scene?
This well established and popular venue combines an outstanding reputation for live music, offering an extensive wine, craft beer and cocktail menu within an intimate setting, plus huge growth potential to expand current al fresco areas and trading hours. An extensive fit-out in 2017-2018 incorporated brand new bathrooms, meticulous, high grade, professional soundproofing and acoustic treatments, complementing excellent sightlines and prioritising patron comfort.
Positioned in a high-exposure inner west location, the business currently benefits from strong local and destination trade, a reputation for quality entertainment and service and its status as a lead venue in a Special Entertainment Precinct (SEP). An ideal opportunity for an experienced operator seeking to take over a proven venue in inner west Sydney's vibrant small bar and live entertainment market, the venue is turnkey-ready for either a seamless continuation or a rebrand. Can also operate as a small bar without live music or a hybrid model incorporating both.
HIGHLIGHTS:
Excellent Reviews and a strong social media presence with a large and active following.
Liquor Licence - Small Bar Licence plus approval for Under 18s with adult supervision
Midday to Midnight Licence x 7 days, plus 2am Licence Friday/ Saturday nights
Extensive fit-out, fully DA-compliant, all the hard work has already been done
LEASE & RENT:
Lease Commenced: 07 October 2017
Rent: $4,408 per month plus GST
Term: 5 + 5 + 5 Years + 1 year COVID extension to October 2033
OPPORTUNITY:
Build on Established Brand and excellent reputation. Potential to extend Trading Days and Hours. No additional approvals required. High Growth area earmarked for extensive new residential housing developments.
Excellent Public Transport Links, including proximity to upcoming Metro reopening. This is an outstanding opportunity to secure a well-established turnkey venue with premium fit out, branding and huge growth potential.
DISCLAIMER No Agent Business () is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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