Well Established Newtown Venue

Phone enquiries - please call xxxxx and quote property ID 38630.

Restaurant for sale in the heart of Newtown
Well established venue for over 10 years.
Owners now have moved out of area and moving onto new ventures.
Newly signed lease until 2030.
On-Premises Liquor License

Great Rent of $63,000 per annum for 200sqm venue

Restaurant completely fit out with full commercial kitchen, 3 toilets (1 male, 1 female, 1 disabled), brand new refurbishments including tables, chairs and lighting

Capacity 90 people
License until midnight M-F,
And 10pm Sunday
Turnover currently $1m annual

Staff approx $3000/week (2 full time & 3 casual)
Owner only working Fri & Sat nights
Cost of Goods approx $2500/week
Profits approx $5000/week

*staff completely unaware of sale so please be discreet with enquiries
*confidentiality agreement must be signed before disclosing location

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