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CONTACT VISION

(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

 © Copyright VBA 2019 All rights reserved

NORTHERN BEACHES BAR, EATERY AND EVENTS

For Sale by Expressions of Interest, suited to an experienced hospitality operator






Business Overview

A spectacular beachside location at one of Sydney's iconic northern beaches. This business will allow the new owner to capitalise on its magnificent ocean views, quality-modern fit-out, strong reputation, loyal local clientele, high volume of tourist trade, professional operations team and numerous revenue streams.


An ideal opportunity for an experienced operator or hospitality entrepreneur to take the reigns of a successful, fully-fit for purpose venue.


Revenue has continued to increase year on year and there are plenty of other opportunities to grow even further, especially by placing a strong focus on events in the function space that accommodates up to 120 seated guests with a private balcony overlooking the ocean.


Don’t miss out on this once in a lifetime golden opportunity, this business is priced to

sell. Now is the perfect time to put your own stamp on the venue in time for the busy Spring/Summer period.



Financial Summary


Combined Net Revenue 2019FY $1,774,475

Combined Net Revenue 2018FY $1,708,215

Combined Net Revenue 2017FY $1,619,496


*All figures are quoted exclusive of GST



Features


Premier beachside location with spectacular views


Highly sought after venue for tourists and locals alike


On-Premise and off-site catering Liquor Licences with PSA


Function space allows for up to 120 seated guests


Restaurant allows for 70-100guests


Modern fit-out valued at $675,000


Future confirmed booking in excess of $200,000


Buying a business is easy with Vision





"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "


Daniel Kogan

(e)  daniel@vbaaustralia.com.au

(m) 0401 620 918

(t)   (02) 8923 2632


The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business

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