Hearty & Homey Restobar in New Farm

  • bar business for sale 1P0304
  • bar business for sale 1P0304 photo 2

Property ID : 1P0304

Sold $185,000 + SAV - Bar, Cafe, Restaurant

This is your chance to get one of New Farm’s favourite place to hangout. This business has received tons of positive reviews which is an opportunity for you to inherit its success.

Highlights:
• Decent turnover at $500 thousand
• Just under $100 thousand in net profit
• Massive plant & equipment at $100 thousand
• Solid repeat customers from locals
• Landlord is open to negotiate new lease
• Average spend per couple is between $70-$80

Trading Hours:
Wednesday to Friday 3pm to 12am
Saturday 11am to 12am
Sunday 11am to 10pm

Potential:
• Add a cafe and breakfast menu
• Extend operating days
• Additional advertising

Skills:
No specific skills required. An owner interested in marketing and who wants to expand the business to include a cafe will do very well.

Additional Info:
This business has a massive potential for expansion, particularly into Breakfasts.  New Farm is known as a breakfast location and a new owner interested in adding a strong cafe element to this business will do very well.

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