Sold

Popular Cocktail Bar, Darlinghurst.

 

This is a rare opportunity to acquire a cool, intimate bar within Sydney’s style and culture hub. The operation is well established and profitable and has been set up by an industry expert. The venue is highly regarded, a local institution.

 

Key Features include:



    • Relaxed fit out, beautiful lounges with art, industrial and recycled elements.

 

    • Bar has seating capacity for 90, offering seasonal cocktails, craft beers, wines and extensive range of spirits.

 

    • Food offerings include anti pasta and tapas style cuisines, bar food and share plates that beautifully complement beverage options.

 

    • Lease term to March 2024.

 

    • Strong social media base and outstanding feedback from online review platforms.  

 

    • Extensive promotions have been undertaken to market the venue.

 

    • Trading 7 days 4pm to midnight, Friday & Saturday til 1am.

 

    • Owner has secured best price contracts for F&B costs, leveraging off strong reputation. 

 

    • Extensive unencumbered equipment list.

 

    • All systems and processes, licenses, certificates and approvals have been set up by owner who is a renowned pioneer in the small bar movement in Sydney. Bar is fully operational, compliant and expertly set up. Therefore the timely and arduous process of set up is avoided and business risk is minimised.

 

    • Owner will retain the current name. 

 

    • Contact broker for financials.



Potential



    • The kitchen could easily support a variation in the current menu based on owner’s creative ambitions.

 

    • Potential to build on event and venue hire revenue as this is a highly desirable and unique site for large private functions or product launch events.

 

    • Opportunity for savvy marketer to ramp up the promotions and social media platforms to further increase venue profile
Suburb Darlinghurst
Price SOLD
Property Type Business
Property ID 705
Category Food/Hospitality

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Agent Details

Eddie Spurr photo

Eddie Spurr

0417 251 015
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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