The decision to open a restaurant and bar is a big one. Sometimes people are just sort of considering the idea, and then — out of the blue — they fall in love with an existing location, immediately imagining themselves behind the Restaurant and bar, spit shining glasses. Other people build their dream rest. & bar in their mind's eye from the ground up. They have very specific ideas about every physical detail of their place. And naturally, they want to physically build it from the ground up. as well. Depending on your schedule and budget, you can make either scenario a success if you keep certain things in your mind.
Location, location, location
The bar and restaurant business is a bit of a different animal. Location definitely matters as it does in any business. But what defines a great location is in the mind of the beholder.
Some people choose to buy or build a bar in an already booming area (and choose to pay higher rent) to get a leg up on getting people in the door. Others think it's better to speculate a bit and get in on the ground floor of an up-and-coming neighbourhood, in the hopes that the area will be the next "hot" thing. They save on rent, but usually spend more promoting their business, and have to wait a while to see a return on their investment. The choice is yours.
Many small neighbourhood rest. & bars are not in what people would consider ideal locations, but the people who patronize them love them and wouldn't think of going anywhere else. In most cases, these places have been around a long time. If you're taking over a location like this, it's important to figure out what's working already. People have sought this place out for a reason, so you need to figure out what that reason is and don't mess it up. Don't just come in and change everything; instead, meld your ideas with the existing business to make it work for you.
Getting in with the right people
We're not talking about the Celebrity A-List crowd here. Instead, we mean the barrage of people who can help you after your space to fit your needs. Most people starting a new business want to change a few things at their new location. Maybe you need to add a wall to create a quiet area away from the stage. Maybe you need to upgrade the bathrooms to comply with the Americans With Disabilities Act regulations. Or maybe you need to install a more comprehensive air-filtration system to keep cigarette smoke away from your customers.
Location, location, location
The bar and restaurant business is a bit of a different animal. Location definitely matters as it does in any business. But what defines a great location is in the mind of the beholder.
Some people choose to buy or build a bar in an already booming area (and choose to pay higher rent) to get a leg up on getting people in the door. Others think it's better to speculate a bit and get in on the ground floor of an up-and-coming neighbourhood, in the hopes that the area will be the next "hot" thing. They save on rent, but usually spend more promoting their business, and have to wait a while to see a return on their investment. The choice is yours.
Many small neighbourhood rest. & bars are not in what people would consider ideal locations, but the people who patronize them love them and wouldn't think of going anywhere else. In most cases, these places have been around a long time. If you're taking over a location like this, it's important to figure out what's working already. People have sought this place out for a reason, so you need to figure out what that reason is and don't mess it up. Don't just come in and change everything; instead, meld your ideas with the existing business to make it work for you.
Getting in with the right people
We're not talking about the Celebrity A-List crowd here. Instead, we mean the barrage of people who can help you after your space to fit your needs. Most people starting a new business want to change a few things at their new location. Maybe you need to add a wall to create a quiet area away from the stage. Maybe you need to upgrade the bathrooms to comply with the Americans With Disabilities Act regulations. Or maybe you need to install a more comprehensive air-filtration system to keep cigarette smoke away from your customers.
Restaurant and Bar Business for Sale
Great oppurtunity for investors looking for a graet classy fit out in Sydneys best location.
We are located in Sydneys busiest strip along with the best known restaurants. Our business is currently serving off a middle eastern menu; selling lebanese char grill platters, pizzas, cocktails, fresh juice bar and mocktails with traditonal lebanese sweets.
We have invested 200k on a brand new shop fitout only 6 months old. With such a diverse funky look, it can be used as a fine dining, fast food take away, bar or coctail lounge or even a cafe. Can be used for any business idea.
Full kitchen equipment, char grill, commercial pizza conveyer oven, brand new dough roller, brand new underbar fridges, brand new salad fridge, 2 x cool rooms, with many more electrical kitchen ware.
You cannot go wrong! Take the keys and get your business running.
This is a family run business, due to serious illness of the key family memeber (the cook) of this business, we have had to sell.