Prestigious Restaurant And Bar 120 Seater 5 Days Prime City Location Sydney

5 days ago

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Summary

An extraordinary opportunity awaits to take over a stunning up-market restaurant and bar, ideally located in the heart of the city. Set across two levels, this beautifully designe...

About the Business

An extraordinary opportunity awaits to take over a stunning up-market restaurant and bar, ideally located in the heart of the city.
Set across two levels, this beautifully designed venue features aspacious restaurant with seating for up to 120 patrons and an upstairs bar and function area with a vibrant atmosphere. The elegant fit-out is complemented by a fully equipped expansive chefs commercial A-grade show kitchen, ensuring a seamless operation for any experienced operator.
Business Highlights:
* Two-level venue with restaurant and function bar.
* Elegant, high-quality fit-out throughout.
* Seating capacity of approx. 120 pax.
* Fully equipped commercial kitchen, open plan design.
* Upstairs bar/function space perfect for events and social gatherings.
* Trading only five days with scope to extend hours to open Monday and Sundays.
* Extended, secure lease in place.
* All outgoings inclusive (air conditioning, rubbish removal, grease trap service).

This is the perfect setting for business luncheons, after-work drinks, and evening dining, with outstanding potential to expand into Sunday brunches or extended trading hours.
A rare opportunity for a fresh operator to take the reins of one of the city's most stylish hospitality spaces.

Current Trading Snapshot
* Open Tuesday to Friday Lunch - and Tuesday to Saturday Dinner
* Trading 5 days, lunches and dinners, closed Sunday and Monday.

Weekly Summary (approx., incl. GST unless stated otherwise)
* Takings: $35K - $40K ($50K to $70K in December)
* Cost of Goods: 32 - 34%
* Rent: $6900
* Outgoings and rubbish included in rent
* Staff wages: $10,000
* Owner wages: $3000
* Electricity: $800
* Gas: $600

Contact: Angelo Fournaris · 0410 544 347 · [email protected]

Disclaimer: Financials are vendor-supplied; Network Infinity and its agents make no guarantees or accept liability. Buyers should seek independent advice and conduct their own due diligence. Images are illustrative only.

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