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Long-Standing Restaurant & Bar for Sale - Bustling Newtown, NSW Location - High Foot Traffic - Monthly Turnover: Average $65K - Fully Equipped Kitchen

Sydney Region, NSW, ID 157785

Long-Standing Restaurant & Bar for Sale - Bustling Newtown, NSW Location - High Foot Traffic - Monthly Turnover: Average $65K - Fully Equipped Kitchen 1
Long-Standing Restaurant & Bar for Sale - Bustling Newtown, NSW Location - High Foot Traffic - Monthly Turnover: Average $65K - Fully Equipped Kitchen 1
Asking price:
AUD$299 000
Turnover (per year): $65 000 aud
Owner
Owner's representative

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Description

Business type: restaurant and bar

Location: Newtown/Enmore, Sydney, New South Wales, Australia

Trading history: more than 20 years

Financial performance

Annual turnover: more than $600,000

Weekly operating costs: approximately $11,500 excluding owner salary

Weekly rent: $1,692 including GST

Premises

Indoor capacity: 80 guests

Outdoor capacity: 8 guests

PSA licence: included

Commercial kitchen: fully equipped

Fit-out: included

Garage parking spaces: three

Operations

Team: seven staff

Staff per service: 3 to 4

Weekend support: additional staff

Grazing and banquet dining: established

Gluten-free menu: extensive

Customers and marketing

Customer base: established

Google reviews: strong

Social media marketing: established

Google Ads: established

Email marketing: established

SMS marketing: established

Growth

  • Extend trading hours
  • Add Sunday breakfast and lunch
  • Introduce catering services

Transition

Training: two weeks

Ongoing consulting: available

Optional cocktail bar

Purchase option: separate or bundled

Price guide: $39,000 + SAV

Small Bar Licence: included

Capacity: 20 patrons

Weekly rent: approximately $600 including GST

Weekly electricity: approximately $130

Monthly water: approximately $15

Fit-out: near-new

Refrigeration: included

POS system: included

Furniture: included

Commercial sound system: included

Projector and screen: included

Lease expiry stated in source: July 2026

Lease option: three years

Details

Real Estate: Lease
Asking price: 299 000 aud
Turnover (per year): 65 000 aud
Rent (per year): 81 216 aud

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