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Popular Tapas Bar And Restaurant In Sought-After Coastal Location - Lennox Head, NSW

Listing Id : 272620

Location : New South Wales - LENNOX HEAD

Category : Restaurant, Bottle Shop, Bars

Asking Price : 190,000

Business description

Business ID: CTOC1677 Turnover: $540,000 – Close to Byron Bay – One hour’s flight from Sydney Shorty’s would have to be one of the best hospitality businesses on the market right now. Located between Ballina and Byron Bay, Lennox Head is a popular beach town which attracts many thousands of visitors every year. Business highlights -Currently the only cocktail and tapas bar in Lennox Head -Potential to open 7 days for breakfast, lunch and dinner with opportunity to expand next door -Excellent main street location -Established for 7 years - proof of consistent yearly growth -Specializes in tapas, cocktails, wine and craft beer -Wide range of customers of all ages and demographics -Strong local following ensuring good profits throughout the winter months -Many tourists during the holidays and summer months -Venue seats approximately 70 with extra waiting areas at the bar, including both indoor and outdoor courtyard seating -Current restaurant license with an exemption to serve alcohol without food -Business set up for an experienced hospitality manager to run -Sales includes all kitchen and bar equipment -New 3 x 3 lease term -Efficient POS and front-of-house systems in place -Contacts with local, trusted and reliable suppliers and tradespeople Shorty’s is very well known in Lennox and consistently receives excellent reviews on all social media, being the #1 TripAdvisor restaurant in Lennox for over a year. Currently this business closes for 6 weeks of the year for holidays, ensuring a great work/life balance for new owners if they choose to keep the business hours the same. The current owners are offering a generous changeover period with one owner willing to stay on for further training if required, or alternatively WIWO if preferred. Price: $190,000


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