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Businesses for Sale in Glebe, NSW

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GLEBE, NSW
POA
Phone enquiries - please call 1300 594 794 and quote property ID 34110. A fantastic venue offers a wonderful opportunity. Step back in time at Local Lounge, Glebe's global fusion Restaurant & Bar. Channeling a speakeasy vibe. Exposed brick walls & plush banquette seating create an intimate , retro atmosphereRecently rebranded, Local Lounge offers a welcoming, rustic atmosphereLocation: Situated on a main road shopping strip, amidst other eateries and close to the vibrant Glebe Markets, Local Lounge is ideally positioned to attract a steady stream of customers.Features:* Established Reputation: Over 12 years in operation - current owner managing it for the past two years.* Asset Sale; includes all fixtures, fittings, equipment. Key items:* Full commercial kitchen with char grill, stainless steel benches, multiple under-bench fridges, freezers.* Licensed Venue: Fully licensed with a PSA, offering the new owner the opportunity to develop it into a beautiful bar / licensed Cafe* Seating Capacity: Approximately 50 internal seats, plus additional licensed seating on the footpath, roadside dining and in the rear courtyard.* 3 + 5 Years remaining on the Lease. Good Landlord. * Rear laneway Car-space * Alarm & Cameras * Staff bathroom, office and bedroom upstairs* IMPOS POS * Ice Machine * Rent is $1480/ wk excl. of GSTThe Landlords managing agent is Richardson & Wrench. They will vett the incoming Lease applicant. To be successful the applicant will need extensive Hospitality experience and Financial stability. Further Potential:The business is currently only trading 5 nights & one lunch service. The current owner is selling due to other business commitments, there is significant potential for the right owner to expand the business. Opportunity:Local Lounge is an excellent opportunity. Its priced modestly, less than it would cost to set up a similar business from scratch.Turnkey Sale:This is a turnkey Asset sale walk in, and start trading immediately, with no additional investment required.Please contact:DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
$888,000
An established bakery franchise in Broadway Shopping Centre, Glebe, offering approximately 87.6 sqm of fitted premises, an experienced team and established operating systems. The location serves local residents, students, office workers and shoppers, with takeaway and grab-and-go trade.The business offers an opportunity for a hands-on owner-operator or an experienced hospitality operator to acquire an existing operation. Financial information is available to qualified buyers after signing a confidentiality agreement.Key featuresEstablished bakery franchise in Broadway Shopping Centre, GlebeApproximately 87.6 sqm of fitted premisesCentre with over 120 specialty stores and approximately 1,665 customer parking spacesSupermarkets, fashion retailers, cinema and international brands within the centreExclusive permitted bakery use within the agreed lease termsEquipped bakery fit-out, experienced staff and established operating proceduresAsking price$888,000Lease and occupancy costsLease until November 2028. Annual rent increases of 4%. Turnover rent applies at 8% of gross sales less base rent.Annual base rent approximately $185,783 + GST. Estimated annual outgoings approximately $28,772 including GST. Marketing contribution approximately 5% of annual rent.Franchise and operational informationFranchise royalty: 6% of gross revenue. Marketing levy: 1% of gross revenue. Established franchise and POS systems, operational support, training and supplier/product support. Exclusive operating territory arrangements are subject to the franchise agreement.PotentialPotential to develop online ordering, delivery, catering and corporate orders, supported by local marketing and social media. An experienced operator may also review staffing and operating efficiencies. Opportunities are subject to franchise and lease requirements; outcomes are not guaranteed.Trading hoursMondayWednesday: 10:00am7:00pmThursday: 10:00am9:00pmFriday: 10:00am7:00pmSaturday: 9:00am6:00pmSunday and public holidays: 10:00am6:00pmReason for saleThe owner is pursuing other business interests.EnquiriesFor further information, a confidentiality agreement or an inspection, contact Jeffrey Lei on 0405 888 800 or Jeffrey@annd.au.DisclaimerThe information contained herein has been provided by the vendor and sources believed to be reliable. However, no guarantee or warranty is given as to its accuracy or completeness. Interested parties should conduct their own independent enquiries and due diligence.

Introduction to Businesses for Sale in GLEBE

Exploring a business for sale in GLEBE can open the door to a future full of opportunity, flexibility, and financial reward. GLEBE offers a combination of economic activity, lifestyle appeal, and community support that gives new business owners a head start. By looking for a business for sale in GLEBE, you're stepping into a market where you can immediately connect with a built-in audience, benefit from established trade, and position yourself for growth in an environment that already knows and trusts the business you're buying.

A business for sale in GLEBE often comes with valuable benefits like existing supplier relationships, experienced staff, and a reputation built over years — sometimes decades. Whether you're looking at a café on a busy high street, a retail store in a thriving precinct, or a large-scale operation with multiple locations, there's a business for sale in GLEBE that can match your skills, budget, and long-term goals.

Types of Businesses for Sale in GLEBE

One of the best things about searching for a business for sale in GLEBE is the sheer variety of opportunities available. You might be interested in a well-established hospitality venue buzzing with regular patrons, a professional services firm with a strong community reputation, or a retail store that benefits from both local and tourist trade. For hands-on operators, a small family-run business could be the perfect fit. If you're looking for scale, a manufacturing facility, logistics company, or multi-site franchise could provide the growth potential you need.

How to Choose the Right Business for Sale in GLEBE

Finding the right business for sale in GLEBE is about understanding the local market, recognising genuine potential, and ensuring the business matches your goals. Before committing, review financial records, assess customer loyalty, and understand the competitive landscape. Consider lease terms, staffing, supply chains, and any seasonal trends that could affect operations. AllBusiness connects you directly with owners and brokers, allowing you to compare opportunities and make informed decisions.

Benefits of Buying an Existing Business

There's a reason so many entrepreneurs look for a business for sale in GLEBE instead of starting from scratch — it's often the fastest, safest path to profitability. An established business already has customers, systems, suppliers, and staff in place, which means you can start generating revenue from day one. You also benefit from the brand's reputation and goodwill, existing operational processes, and word-of-mouth referrals that take years to build from the ground up.

How AllBusiness Helps You Find the Best Business in GLEBE

Searching for the right business for sale in GLEBE can feel overwhelming when there are so many listings to sort through. AllBusiness makes it easier to identify opportunities that not only look promising on the surface but also have the underlying strength to support your long-term success. Our platform connects you directly with owners and licensed brokers, allowing you to compare opportunities, review key details, and make informed decisions — from shortlisting businesses and arranging inspections through to understanding negotiation and settlement.