Iconic Restaurant, Bar & Takeaway Venue

Iconic Restaurant, Bar & Takeaway Venue — Hospitality & Tourism · Asking $250,000

Restaurant, bar, takeaway and function venue in a prime location within a two-storey rustic heritage building Two bars offering a full range of alcohol including an ever-changing craft beer selection Function room with standing capacity of 100 and seating for 80, including a dance floor and stage Modern, functional kitchen serving snacks, meals and function catering Currently fully managed with…

DealProspect/Listings/Hospitality & Tourism

Iconic Restaurant, Bar & Takeaway Venue

Restaurant

ActiveHospitality & TourismB2C

Find funding for this deal →View original listing ↗

Asking price

~$260,000

est. from headline + $10,000 stock · AUD

Revenue

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Earnings

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Implied multiple

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Brief

Restaurant, bar, takeaway and function venue in a prime location within a two-storey rustic heritage building
Two bars offering a full range of alcohol including an ever-changing craft beer selection
Function room with standing capacity of 100 and seating for 80, including a dance floor and stage
Modern, functional kitchen serving snacks, meals and function catering
Currently fully managed with highly trained staff, trading 7 days
Landlord open to negotiating a long-term lease on favourable terms
Scope to grow turnover by extending trading hours, including an early breakfast offering

Brief

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