Upmarket Cocktail bar- Fully Set Up- Training Provided

Description

Established Cocktail and Wine BarAn established bar with a loyal local following, offering an extensive selection of quality cocktails, wines from around the world, beers and a small range of share plates.The venue accommodates approximately 50 guests across indoor and outdoor seating and is fully fitted out and ready for immediate operation.Key Features:* Approximately 50 seats across indoor and outdoor areas* Fully fitted and ready to trade* Low weekly rent of $950* Upstairs 2-bedroom, 2-bathroom apartment available under a separate lease at $485 per week, representing excellent value for the area and providing an attractive option for an owner or staff member to reside above the business* Current owner lives upstairs and operates the business downstairs* Established at the beginning of the COVID period and has continued to perform strongly through well-developed operating systems and a distinctive business model* Currently trading Wednesday to Saturday, providing an excellent work-life balance* Turnover of approximately $350,000 as at 11/10/23* Staffing consists of the owner plus 4 casual employees* Offered for sale as the owner intends to move into a larger venueThe business is primarily focused on beverages, with a simple food offering designed to complement the drinks menu and cater to customer demand. The kitchen is compact and straightforward to operate.Kitchen equipment includes:* Turbo fan oven* KitchenAid equipment* Microwave* Range of pots and pans* Reverse osmosis glass washer valued at approximately $10,000The reverse osmosis glass washer significantly reduces the need for staff to manually polish glassware. The purified water and air-drying process leaves glasses clear and presentation-ready.The current owner is willing to remain for an agreed training and handover period to assist the incoming owner with a smooth transition.