Magnificent Chinese Restaurant, Sydney CBD | ID: 1359

Located in the CBD near Darling Harbour, this restaurant offers a unique opportunity to own an ultra-modern, high-end Chinese restaurant in one of the newest and most vibrant precincts in the city.

Known for its exceptional cuisine, stunning ambiance, and outstanding service, this venue is set to reward its new owner with both financial success and pride of ownership.

KEY FEATURES

  • Prime position near ICC Sydney - an ideal setting for patrons to experience beautiful surroundings, combined with dining elegance.
  • Size: 315 sqm with seating for 200 guests.
  • Lease: 10-year lease term with annual rent of circa $250,000.
  • Established in November 2022, ensuring modern facilities and a fresh reputation in the market.
  • Custom, bespoke fit-out valued at $1.5 million, creating a sophisticated, unparalleled dining atmosphere.
  • Consistent revenue generation average $60-$65k per week.
  • Minimal competition as the only Cantonese restaurant in the precinct.
  • Established and loyal customer base.
  • Significant potential for further growth with strategic marketing and operational refinement.
  • Well-established systems and a highly skilled team to ensure ease of transition for new owners.
  • Financials available for due diligence. 

This is a rare opportunity for investors or operators looking to acquire a prime hospitality business in Sydney’s magnificent Darling Harbour precinct, positioned for growth and success. The current owner, who has operated the business long-term, is looking for a successor to take advantage of the numerous opportunities available.

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-1359

or visit our website at www.abbabusinesssales.com.au and use the reference #1359 to search for the business.

Please note: Stock images may be used and do not always reflect the actual business for sale.

Suburb Sydney
Price EOI
Property Type Business
Property ID 1359
Category Food/Hospitality, Food/Hospitality, Food/Hospitality

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Eddie Spurr

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