Significant Sydney Restaurant – Inner Southern Sydney | ID: 1329

Currently operating under management, this renowned Sydney restaurant will reward the new owner with financial spoils and pride of ownership.

Located close to the Sydney CBD, it is the perfect venue for patrons to experience innovative and unparalleled dining elegance.

This landmark institution is reputed for ambiance, service and cuisine that can only be described as outstanding. The venue is scintillatingly beautiful and architecturally appointed.

Key Features Include:

• Average sales $2.5 mil per annum FY24/FY23.

• Average profit $600,000 per annum FY24/FY23.

• Modest rental $72,000 + gst per annum, equating to 3% of sales.   

• Original and bespoke fit out value $1.5M.

• Minimal competition being the only restaurant in the area.

• Corner positioning with great street exposure.

• Great support from loyal locals.

The current owner has operated the restaurant long term and is looking for a successor to further leverage the many opportunities available.

A truly unique and magnificent business overall. The strong systems in place will ensure a smooth transition. 

Inviting expressions of interest from genuine investors, operators. 

If you would like to know more about this business please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1329.

or visit www.abbabusinesssales.com.au and use the reference #1329 to search for the business.

Please note: A stock image has been used and does not reflect the actual business for sale.

Suburb Alexandria
Price Offers above $549,000
Property Type Business
Property ID 1329
Category Food/Hospitality, Food/Hospitality, Leisure/Entertainment

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Eddie Spurr photo

Eddie Spurr

0417 251 015
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