North Shore Hospitality Site with Vendor Financial Support Available

11 days ago

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John Hammon, MBA
 

Internal Ref: NSW12175

Summary

Hospitality Venue for sale | Lower North Shore

About the Business

A professional international brand is seeking to exit an existing lease, creating an opportunity for an experienced food and beverage operator to secure a fully fitted hospitality premises in Sydney's Lower North Shore at a fraction of replacement cost.

This is not a standard business sale based on historical trading performance. The opportunity is in the infrastructure, the fitout, the equipment, the location and the ability for a new operator to step into an established hospitality platform without the cost, time and risk of building a venue from scratch. The vendor is motivated to achieve a clean lease exit and is open to providing financial support toward early-stage rent and outgoings for the right incoming operator. This creates a significantly softer entry point for a buyer who can see the value in the premises but wants to reduce early-stage occupancy pressure while they rebrand, relaunch and establish the site.

Key Highlights
- Asking Price: $65,000
- Fitout Investment: Close to $1 million already invested
- Plant and Equipment: Approximately $220,000 included
- Opportunity Type: Lease assignment and asset transfer
- Vendor Financial Support: Vendor open to contributing toward early-stage rent and outgoings
- Location: Sydney's Lower North Shore

The Opportunity

This is a highly attractive entry point for an operator looking to secure a substantial hospitality premises - with close to $1 million already spent on the fitout and approximately $220,000 in plant and equipment included - without taking on the full capital burden of a new build.

The vendor's priority is to exit the lease, and they are prepared to consider a creative commercial structure that supports the incoming operator during the initial trading period. Rather than simply acquiring a lease and equipment package, a buyer may have the ability to negotiate vendor-funded support toward rent and/or outgoings, helping reduce cashflow pressure while the business is relaunched.

For the right operator, this provides a strong foundation to launch a new concept, reposition the venue and build a fresh brand around an already established hospitality site.

Best Suited To

This opportunity would suit an experienced operator or hospitality group looking to secure a quality fitted premises and launch a new concept quickly. The site may suit a range of food and beverage uses, subject to landlord approval.

An incoming operator could focus their capital and energy on branding, menu development, launch marketing and operational execution, rather than spending months and significant capital build

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