Summary
Established pizza & pasta restaurant in Milsons Point. Loyal customers, top reviews, dinner-only hours. Huge potential to expand. Owner retiring. Great growth & location opportunity!
Revenue
$47,000 pm
Rent
$8,150 pm
Expenses
$24,850 pm
Net Profit
$14,000 pm
Location Details
118 Alfred Street South, Milsons Point New South Wales 2061, Australi
Prime Milsons Point location with 118sqm internal space and large outdoor seating for combined 80 seats. Wheelchair accessible and surrounded by offices, homes, and tourists. Ample street parking and strong foot traffic make it highly attractive.
Potential
Established in 2015, Anchor Cafe & Restaurant in Milsons Point operates just 5 hours daily—huge potential to expand to breakfast, lunch & corporate catering. Set in a high-footfall area surrounded by homes, offices & tourists. Features a large outdoor area perfect for weddings, events & functions. Loyal customer base, great reviews, and excellent transport access. Family-friendly, pet-friendly, and full of charm—ready to grow with the right owner!
Skills
No hospitality experience? No problem! Anchor Cafe & Restaurant is designed for an easy handover with simple systems in place. Perfect for first-time business owners or seasoned operators. Staff are trained, operations are streamlined, and the setup supports a smooth transition. With strong local support, great location & repeat clientele, you'll step into a well-loved business with everything ready to go. Just bring your passion and people skills!
Hours
Open 5–10 pm only since 2015—huge potential to grow by adding breakfast, lunch & events. Easy handover, turnkey setup.
Lease
New 5-year lease with frozen CPI. Supportive local landlord visits regularly. Long-term security in place.
Employees
Great, reliable team in place—smooth operations, but easy to train new staff if needed. Flexible setup.
Reason for Sale
After 40 years time to retire.
About the Business
Established in 2015, Anchor Cafe & Restaurant is a much-loved, family-owned business located in the heart of Milsons Point. Operating just five hours a day (5–10 PM), the business has proven its resilience and success with minimal trading hours—highlighting enormous growth potential for a new owner.
There’s an incredible opportunity to extend trading into breakfast, lunch, and corporate catering, which has never been explored by the current owner. Situated in a bustling location surrounded by a strong mix of corporate offices, high-density residential buildings, and tourist attractions, the business benefits from heavy foot traffic and easy access to trains and public transport.
The large outdoor area is a rare feature in this location, perfect for hosting private functions including engagements, baby showers, weddings, and large dinner events—adding another revenue stream waiting to be tapped.
The venue offers a cosy, family-friendly and pet-friendly environment with a strong community feel. With glowing Google reviews and a loyal, repeat customer base, Anchor Cafe & Restaurant has built a reputation for quality and consistency.
The simple, effective menu and easy supply chain ensure smooth day-to-day operations. Goods are delivered consistently by reliable suppliers, and the business is fully licensed for both food and alcohol service. The kitchen and front-of-house are supported by a solid team, yet the setup is simple enough to train up new staff with ease—making it ideal for first-time operators or hospitality veterans alike.
Recent capital improvements include new air-conditioning and refrigeration units, enhancing both customer comfort and kitchen efficiency. The original fit-out and setup came at a cost of over $600,000, reflecting the high standards of infrastructure and equipment in place.
A newly secured 5-year lease with frozen CPI and a supportive local landlord (who regularly visits as a customer) provides long-term security and confidence for any buyer.
Anchor Cafe & Restaurant is a turnkey opportunity—walk in and start trading immediately or expand its offering and watch the profits grow. The systems and operations are in place, the reputation is strong, and the community loves this local gem. All that’s needed is a new owner with vision and drive to take it to the next level.
History
Established 2015 and welcomed by the comminuty.
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