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Inner-City Restaurant & Bar Gem, Large Flexible Venue with Character

Description

Step into a thriving, well-established restaurant and bar that’s bursting with character, charm, and untapped potential! Housed in a beautifully restored old home, this venue offers a warm and inviting atmosphere with seating for approximately 200 guests. But that’s just the beginning—there’s also a stylish function space, a vibrant laneway, and an outdoor seating area, providing endless opportunities for growth and creativity.

Why This Business is a Must-See:

Prime Inner-City Location – Surrounded by office buildings, local residents, and government employees, plus positioned within a bustling shopping precinct.

Diverse Revenue Streams – Currently serving a delicious pub-style menu with 8 iced-cold beer taps, alongside game nights, live music, and special events.

Huge Growth Potential – Reintroduce breakfast service to capitalize on morning foot traffic or expand the event offerings to drive even more revenue.

Strong Financials – Generating an average turnover of $15K+ per week, with COGS under 30% and rent at approximately 10%, ensuring healthy profit margins.

Solar Panels – Recently installed solar panels helping to decrease the businesses energy costs.

This is more than just a restaurant—it’s an exciting business with rock-solid foundations and room to grow. Don’t miss your chance to make it your own.

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