Asking price:
AUD$800 000
Owner
Owner's representative
BAR/CAFE MAITLAND
Maitland NSW, ID 197387
Сontact with me Owner's representative
Description
Business type: bar, restaurant and café
Location: Maitland, New South Wales
Trading history: 8 years
Trading days: 7 days per week
Operating model: fully managed for the past 5 years
Annual revenue: more than $2.5 million
Business overview
Established hospitality venue serving breakfast, lunch and dinner.
Reputation: strong
Owner involvement: minimal
Profitability: strong
Operations
Management team: experienced
Systems: established
Full management structure: in place
Location
Position: premium
Foot traffic: high
Local following: loyal
Lease
Lease remaining: 15 years
Annual rent increases: modest
Rent as percentage of turnover: approximately 4.5%
Financials
Annual revenue: more than $2.5 million
Rent: approximately 4.5% of turnover
Further information
Confidentiality agreement: required
Full financial information: available after completion of confidentiality agreement
Details
Real Estate:
Lease
Asking price: 800 000 aud
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