Sporting Venue Bar & Bistro, Nth Canberra, 1.3M Annual Sales

$120,000 plus SAV

Description

If you’re an experienced hospitality operator looking for your next venture, this is an opportunity not to be missed.

An established bar and bistro operation is now available within a well-established local sporting venue, offering the rare opportunity to partner with the organisation and take over the day-to-day hospitality operations with a minimal upfront investment.

Currently generating approximately $1.3 million in annual sales, the business benefits from consistent patronage and built-in foot traffic generated by the venue’s sporting activities, functions and events. A well-trained team is already in place, allowing an experienced operator to step in and continue trading from day one.

The venue is fully equipped with substantial hospitality infrastructure, including a large commercial kitchen, walk-in cool rooms and freezers, a fully fitted bar with tap beer systems and quality plant and equipment throughout. Everything required to operate a high-volume hospitality business is already in place.

The organisation is seeking an experienced hospitality operator who can build on the strong foundations already established. Attractive lease terms are available, making this an exceptional opportunity for the right operator to secure a proven venue without the significant setup costs associated with a new hospitality business.

Key Features
• Established bar and bistro business
• Approximately $1.3 million in annual turnover
• Minimal cost of entry
• Guaranteed customer traffic from a large sporting venue
• Fully staffed with experienced team in place
• Large commercial kitchen
• Walk-in cool rooms and freezers
• Fully equipped bar with tap beer system
• Attractive lease terms available
• Opportunity to grow trade through functions, events and expanded food and beverage offerings

This opportunity is suited to an experienced hospitality operator or hospitality group looking to secure an established venue with strong existing trade and genuine growth potential.

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

Staff No

2 x Full time chefs Team of Casual Kitchen Staff Team of Casual Front of House Staff

Lease Info

A new lease will be entered into with the new operator. • Initial 3 Months rent free period • 7% turnover rent for first 12 months • 8% turnover

Size of Premises

Approx 340 SqM

Weekly Sales & Turnover

Turnover (inc GST)

$26,000

Reference No: KGPS0802

Business Listed by

Kristy Green

Hospitality Consultant and Sales Consultant @ GSE Hospitality Brokers

Over the past 20 years, my professional journey has been immersed in the dynamic world of hospitality, with a significant focus on the wholesale coffee industry.

That journey initially began in Sydney, where I cultivated my skills and my passion for the industry was born. In 2015, I relocated to Canberra, becoming deeply immersed in its unique and vibrant cafe and hospitality culture.

The last 13 years, have been dedicated to the wholesale coffee sector, working closely with cafes to elevate their businesses through the art of crafting exceptional coffee. My mission has always been clear: to assist cafe owners in achieving better results and fostering growth by enhancing the quality of their offerings.

What originated as a personal passion for coffee has naturally evolved into a broader passion to support and empower cafe owners. Beyond the pursuit of the perfect brew, my focus extended to assisting them in building more resilient businesses. This journey has afforded me the opportunity to observe and actively contribute to the transformation of the hospitality landscape.

With over two decades of hands-on experience, developing a wealth of knowledge and a steadfast commitment to fostering growth within the hospitality community. Whether through the refinement of coffee craftsmanship or the optimization of business strategies, my ultimate goal is to instigate positive change in the industry

I’m thrilled to now be working with the team at GSE, a business with a vision to enhance services in both consulting and brokerage for the hospitality industry. I’m excited to continue to support the Canberra cafe community.

Request more Information about this business

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The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

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For Sale

Canberra ACT