Well Established Enmore Road Bar

Description

Business type: small bar

Location: Enmore, New South Wales

Position: special entertainment precinct

Annual turnover: approximately $650,000

Annual rent: $70,000

Business overview

Well-established bar operating in the heart of Enmore’s entertainment precinct.

Local reputation: strong

Current owners: moving out of the area and onto new ventures

Lease

Current lease: through 2030

Further options: 2 x 5 years

Annual rent: $70,000

Liquor licence

Licence type: Small Bar Liquor Licence

Trading capability: until 2:00am under special entertainment precinct rules

Sunday trading: until 10:00pm

Premises

Fitout: completely new

Unisex toilets: 2

Tables: new

Chairs: new

Lighting: new

Approved capacity: 50 people

Indoor seating: available

Outdoor approved tables: available

Team

Full-time staff: 1

Casual staff: 2

Financials

Annual turnover: approximately $650,000

Cost of goods: approximately $1,500 to $2,000 per week

Reason for sale

Owners relocating and moving onto new ventures.