Sold

Profitable Hotel/Bar Restaurant near Darling Harbour - High profit, Growing Strongly

Top Hotel/Bar Restaurant with late closing near Darling Harbour, renovated in 2015/6.

 

 

 

Weekly profit $17,791 (based on July \'16 to Feb \'17)

 

 

 

Key Features:

 

- Top Liquor licence operating past midnight 

 

- Located a couple of hundred metres from the middle of Darling Harbour, Sky Casino and Light - Rail Stop

 

- Restaurant seats 300 inside and 100 outside    

 

- Live Music - Large functions catered for

 

- Hotel on this site for 15 of last 17 years

 

- Lease commenced Nov 2015: 5 year lease with 3 additional 5 year terms

 

- Over $700,000 in renovations & improvements since purchased in Aug 2015

 

- Opportunity to serve coffee & breakfast especially on weekends when there is very limited local availability.

 

- Holds Poker Machine Gaming Licence – previous Hotel had 12 machines operating 
 
State NSW
Price SOLD
Property Type Business
Property ID 116
Category Leisure/Entertainment, Food/Hospitality, Leisure/Entertainment

Quick Links

Agent Details

John Emmery photo

John Emmery

0423 529 041
View Profile

What our clients say

Eddie was very helpful with the sale of my business. It was quite a long drawn out sale, however he found a motivated buyer and helped us both jump through the hoops for the landlord. I would use Eddie...

Elliot Cryer

We recently had the pleasure of working with Saurab to purchase our business, and we couldn't be happier with the experience. From the very beginning, Saurab demonstrated exceptional professionalism and...

Manisha Vekaria

Where to start, I was very fortunate to be given Eddie Spurr's from the ABBA group's number from a former restauranter who had sold their business with him, after dealing with many arrogant brokers in...

Kim Camilleri

However with Geoff Harrison guiding me through the sale process the task became much easier. Geoff was able to plan the information required, compile it for any buyer and was the master of communication....

H.E. - Hawks Nest - Post Office & Newsagency

Geoff is the first business broker I have ever heard of who completes the transaction completely remotely and seamlessly. This was essential for my deal as it was done during Covid-19 time.   Negotiation...

Jeba Anbiah

As the Owner of One of Perth’s Leading Hairdressing Salon, I have had the pleasure of knowing Geoff Harrison for over 20 years in the Hairdressing Industry. Geoff was instrumental in introducing...

Tony Faranda