Award Winning Highly Profitable Restaurant & Bar Located in Bathurst

Award Winning Highly Profitable Restaurant & Bar Located in Bathurst

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Location Details :

Country

Australia

State

New South Wales

City

Sydney


Industry :
Food/Hospitality - Restaurant ; Leisure/Entertainment - Bars/Nightclubs ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Vine & Tap is a highly profitable and award winning restuarant & bar in the heart of Bathurst. There is a fantastic combination of inside and outside seating that compliments the current modern and contemporary Italian menu. The venue also operates as a wine bar with many patrons just visiting for drinks only.

The menu is unique in the region as it is designed for dishes to be shared between patrons at each table. This helps to create a relaxed and friendly atmosphere. A new owner could easily adapt the Italian menu to suit their own cuisine and theme if desired.

Inside there is a high quality fitout for entertaining guests. There is ample seating on the ground floor and an impressive high ceiling mezzanine. The courtyard is one of few in Bathurst, it is secluded from the street with a cobble stone rustic European feel. All up the establishment is licensed to comfortably seat 155 guests inside and out.

The owners choose to open the business for limited hours during the week to suit their lifestyle. A new owner would have great potential to grow the busines by extending operating hours outside the current 2 x half day trade (dinner service) and 3 full day trade (lunch & dinner). They also close for 5 weeks during the year and are closed on all public holidays.

The restaurant and bar has a large local and national following and boasts the following achievements and highlights:
- Australia Good Food Guide 2019
- Sydney Weekender (featured on television)
-Beef & Burgundy (Bathurst) – Winners of Best Dinner
2019
-Vogue Living Magazine May 2020
-The Australian Weekender (Travel & Indulgence
Section) 19 September 2020
-Financial Review 26 March 2021
-Finalist in Restaurant & Catering Excellence Award
2020
-Recommendation Badge for Restaurant Guru 2021
(Worldwide Restaurant Guide)

Sale Price $280,000 + SAV

For more information about this exciting opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au

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