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Cocktail Bar And Mexican Eatery In Sydney Olympic Park

Listing Id : 275097

Location : New South Wales - SYDNEY OLYMPIC PARK

Category : Bars, Bottle Shop, Restaurant

Asking Price : 149,000

Business description

Business ID: CTOC1693 Leasehold - Turnover: Approx. $400k per annum With a funky fit-out and a constant flow of customers, this leasehold Mexican bar and eatery is a winner! The only dedicated bar in the area, and located in Sydney Olympic Park, Mexica Cocktail Bar is easy to run with high margins. Business highlights -Designed and launched by the current owner 5 years ago -Located in the heart of an events precinct and business park -Extensive customer base, including local workers and people attending events -Walking distance to Qudos Bank Arena, Sydney Showgrounds and ANZ Stadium -Dedicated bar with a wide range of drinks and Mexican cuisine -105sqm inside (including bar, kitchen and office areas) plus additional covered outdoor seating -5-year lease (includes toilet maintenance and rubbish removal) -Trades 4-5 nights per week, 4pm to 9pm - may trade longer on event nights -Small bar license allowing up to 100 pax, food not required to be served with alcohol -Liquor license included with sale of business - individual Responsible Service of Alcohol licenses required -Staff include Owner/Manager plus cook - can be operated with 2 people most days and up to 6 additional casuals on event days -Part-time cook happy to stay on -Full Training will be provided to ensure a smooth handover The sale includes drink and food fridges, freezer, glasswasher/dishwasher, all kitchen equipment (including bench top exhaust and cooking equipment), cash register, POS system, all bar equipment and sound system The current owner – who is selling to start a new venture out of hospitality – says the business does not require long hours and can make a lot of money in a short space of time. This is an excellent opportunity to purchase a well-established business and reap the rewards in a high traffic location. Price: $149,000

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