Upmarket Cocktail bar- Fully Set Up- Training Provided

Balmain NSW
Asking Price $200,000
About

Great space that has a loyal following serving great cocktails, wines from around the world, beers and a small selection of share plates.

50 Seats combination of inside an outside.

Fully set up....walk in and get trading.

Low Rent currently $950 per week.

Upstairs 2 bed 2 bath apartment on a separate lease $485 per week, very cheap for the area and would be an asset if staff/new owner wanted to stay upstairs. This is the way the current owner manages the business. Living upstairs and working downstairs.

Open at the start of Covid and continuing to do well due to the systems and style developed by the owner.

Currently Open Wed-Sat Great for work life balance.

Turnover as at 11/10/23 Approx $350 000

Staffing- Owner plus 4 casuals.

Owner is selling in order to open a bigger space.

Minimal food as more so a drinking placer but have to do some foods as the customers come for specials. Menu is very simple and owner can stay on for an agreed training period.

Small and simple kitchen. Turbo Fan oven. kitchen aid, microwave,neumerous pots and pans. Also bar posseses a reverse osmosis glass washer which is a 10k machine. This machine eliminates expensive staff standing around polishing glasses as the water is purifed and then air dried glasses look like new.

Contact this seller
Client No: W1079659000 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.
Contact this seller
Client No: W1079659000 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.