Acquire an established Hampstead restaurant and bar generating approximately $1,084,423 in annual sales. Offered at $279,000, the business has traded since 2018 and benefits from hundreds of five-star Google reviews.
The approximately 3,500-square-foot venue offers 87 indoor seats, outdoor seating, a full-service bar and a furnished, equipped kitchen. The layout can accommodate different menus, giving an experienced operator flexibility when planning the next stage of the business.
The owner works approximately 20 hours a week and draws an $88,000 annual salary. Buyers can review the accounts to assess earnings under their own management. Four full-time and 20 part-time employees support operations.
Monthly rent is $9,000, with approximately five years remaining and an option to renew. The seller is retiring.
Enquire to review the trading information, lease and facilities or discuss your proposed menu. Proof of funds is required before further information is released.
