Northern Beaches Small Bar – Subterranean Chic

For Sale $155,000 + $2k SAV
Property Details

For Sale $155,000 + $2k SAV
Description

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Tucked away on the main street of the Northern Beaches this cracking little joint has captured a loyal following for its simple yet tasty food and live music gigs.

Having opened in 2017 the bar has traded solidly and consistently for two years.

Occupying a subterranean space, the venue can hold up to 100 people and is a go to venue for functions and private bookings.

Currently run by owner operators this is the perfect venue to springboard your bar empire or to do what you and your mates have always dreamed of.

The venue trades in the evenings from 5pm till 12am 4 nights a week.

With a motivated vendor, this business will not be on the market very long.

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

Property Features
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Years Est


Years With Current Owner


Staff No
The business is currently run by two owner operators and 1 to 2 casuals.

Lease Info
The 3 x 5 year lease commenced on March 1st 2019. It has CPI. increases – A two-month bond is required.

Trading Times
7 days per week. 5pm till Midnight.

Size of Premises
Approx. 80 square metres. – Immaculate toilets and a very workable kitchenette.

Opportunity

Increase functions and obtain later trading licence.



Note to buyers


Seats Inside


Seats Outside


Stock Value