Internal Ref: PM1093
Summary
SBX Code: PM1093 - Cocktail Bar - Restaurant - Profit 7500. pw - Sales 40,000 pw - East Sydney
Rent
$5,090 pw
Net Profit
$7,634 pw
Location Details
This beach location is Sydneys most visited tourist precinct and one of the most recognised lifestyle destinations in the world. The venue benefits fr
Potential
Landlord has approved morning trade to operate as cafe. Kitchen and fit-out are ready to go. A new owner can launch a cafe concept providing an opportunity to increase revenue with no capital outlay.
Hours
6 days - Monday Closed- Tuesday to Thursday 5 p.m to 10 p.m.- Friday 4 p.m to 10 p.m. - Saturday 1
Lease
Lease commenced June 30, 2025 - Lease expires June 30, 2028 + one 3 Year Option - 6 months bond.
Employees
1 owner, 3 fulltime, 5 partime, 11 casuals
About the Business
Restaurant / Bar - Eastern Suburbs Sydney
SBX Code: PM1093
Operating as a premium cocktail bar and full service restaurant, this business has built a strong reputation for its modern Asian menu with Japanese influence, creative cocktails and vibrant dining experience. Popular dishes include sashimi tacos, karaage chicken, crispy pork bao and lotus root chips, while its signature bottomless Spicy Margarita and premium cocktail offering continue to attract loyal customers and drive repeat business.
Trading in excess of $40,000 per week over the past six months, the business generates consistent profitability from a diverse mix of dining, bottomless lunch sessions, Champagne Sundays, live music, cocktail brunches and private events.-172 seats - Licenced.
The venue itself is a major drawcard, with a striking multi level fitout and an atmosphere that guests regularly describe as unforgettable. Offered for less than the original fitout cost, this is an opportunity to acquire an established brand, a premium hospitality venue and a proven revenue stream at below replacement value. Financial information is available through the SBX Broker.
Features
Location - Fit-out - Profitability - Return on Investment - Gross Sales - 4.5* Google Reviews - 9000+ Instagram Followers -
Premises
Impeccable. Currently 190 sqm with approval to reduce to 131 if needed.
Comments
Please note that the rent figure has been reduced by the proportion of the premises (being 59 sqm) that can be subdivided with landlord pre-approval if required. (approximately a $100,000. per annum saving)
SBX Code: PM1093
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