Licensed Restaurant and Bar | Priced at fit out alone

For Sale $85,000 WIWO
Property Details

For Sale $85,000 WIWO
Description

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For sale is a licenced Restaurant and Bar located in a prime location in the High Street of Wagga Wagga.  The owners of the business have other opportunities they need to focus on and are looking to sell the business as quickly as possible and it has been priced at fit out value alone.

The business has been operating as a Restaurant for over 30 yeas and received a significant upgrade and rebrand in 2017. The business has a strong base of trade entering its 3rd year under the current owners.

There is a large main dining area that seats 60 a large function room/overflow dining room capable of seating 50 and outdoor seating for 12.

The lease is strong with 2 years left of the main term and 2 five year options.

The business would suit a number of different models whether it be run as a café, a woodfired Pizza Restaurant, Fine Dining or gourmet burgers this is a perfect blank canvas or the owner is happy to hand over all intellectual property such as the existing menus and the social media presence

The function room which opened last year will drive significant growth for the business particularly in the runup to Christmas.

With plenty of demand and a high volume of foot traffic, the owners have laid the groundwork for new owners to come in and really take the business to the next level, it just needs a push

The sale of BAY85 offering the opportunity to purchase a business with a modern, high quality fit-out in a prime location with plenty of foot traffic and a great street presence should not pass by this opportunity.

*Please note that for confidentiality the image in this advert is generic and not of the actual business

Property Features
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3 Responses

  1. Avatar

    Hi Rob,
    Could u send me some more info about this business

  2. Avatar

    Hello Robert, can you name the restaurant for me? Thanks Chris Roche

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