Food/Hospitality - *UNDER OFFER* Iconic Tavern location - Under management

$440,000
Food/Hospitality
Food/Hospitality - *UNDER OFFER* Iconic Tavern location - Under management

*UNDER OFFER* Iconic Tavern location - Under management

This business presents significant possibilities for expansion with new ownership. Its robust foundation and promising outlook for growth render it a compelling investment opportunity.

This is the perfect venue for a quiet drink, a relaxing lunch, or a night out with family and friends in the well appointed bar/restaurant. Patrons can also enjoy their drinks and or meals in the wrap around adjoining alfresco area.

The business operates under management. The long serving Manager handles the day-to-day operation and there is an additional full time Head Chef who leads the kitchen staff.

Opportunities exist for expansion with the use of the secondary kitchen that is not currently utilised to capacity.


Key Points;

Exclusive position.

Tavern Licence

High turnover - $3.3M

70% Gross profit Margin

Prominent corner location - 50,000 cars pass each day.

Management team in place - Fully staffed with layers of management, systems and procedures.

35 + year history

Listing snapshot by reiwa.com

This business has been listed for sale by Justin Osborn at Goodwin Mitchell O'Hehir & Associates and has been described by the agent as ‘*UNDER OFFER* Iconic Tavern location - Under management’.

If you would like to get in touch with Justin Osborn regarding this business, please call 0419 201 201 or contact the agent via email.

Contact the agent

Email the agent

Mandatory fields *

Loan calculator

Call