Darlinghurst Cocktail Bar with 24hr Licence Approval Pending

Description

Business type: cocktail and wine bar

Location: Darlinghurst, Sydney

Sale structure: WIWO asset sale

Asking price: $98,000 plus stock at value

Serious offers: considered

Cooking required: no

Business overview

Established cocktail and wine bar operating in Darlinghurst.

Current trading: 5 nights per week

Local following: established

Operating model: under management

Products

• Boutique wines
• Craft beers
• Cocktails

Licence

Late-night liquor licence: Wednesday to Saturday, 4:00pm to 12:00am

24-hour licence application: pending as at June 2026

Licensed capacity: up to 100 patrons

Location

Position: Darlinghurst nightlife precinct

Foot traffic: high

Dining and entertainment venues: surrounding

Street pedestrianisation: planned for November 2026

Pedestrianisation budget: $5 million, subject to approval

Major street festivals: 2 annually

Trading and financials

Weekly takings: approximately $9,000 to $10,000

Upcoming functions: booked

Christmas bookings: in place

Weekly rent: $1,724 plus GST and outgoings

Premises

Indoor and outdoor seating: approximately 60 patrons

Fitout: fully fitted

Décor: established

Lease

Lease expiry: December 2026

Option: 3 years

Annual increase: 3%

Bond: 3 months

Team

Full-time manager: 1

Casual staff: 4

Growth

• Reduce wage costs through owner operation
• Increase trade from upcoming functions
• Increase trade from street events

Sale

Price: $98,000 plus stock at value

WIWO asset sale: yes