About the Business

Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and a Licensed Bar/Pub - 3 in 1 Tavern
Business Opportunity near Glebe NSW - just 3 kms from Sydney CBD
1SELL Listing ID: 1AU0283

Discover an extraordinary turnkey business opportunity nestled in a vibrant, high-traffic hub near Sydney CBD! This highly regarded establishment has been recently transformed with a stunning new look (ambience, fittings, lighting), offering a unique and thriving concept that seamlessly combines its diverse offerings.

This 3-in-1 powerhouse is actively generating over $1.15 Million in Annual Sales and an impressive $276,000+ Annual Net Operating Profit. The current vendor has successfully increased alcohol sales volume, significantly contributing to these robust figures, proving the immense potential within the licensed bar segment. Belle Dancers on Fridays and Saturdays add to the unique experience and proven revenue potential.

Key Investment Highlights:

Strong & Growing Profitability: Current figures reflect successful strategies, including increased bar revenue, with further optimization potential.
Recently Renovated: Step into a modern, attractive venue with no immediate capital expenditure required for aesthetics.
Diverse & Active Streams: Multiple, established revenue drivers catering to a broad and eager customer base.
Prime Foot Traffic Location: Ensures consistent customer flow and high visibility.
Outstanding Reputation: Boasts a 4.7-star Google rating from satisfied customers.
Secure Long-Term Lease: Lease until June 2029 + 5-year option (to 2034) with a supportive, friendly landlord.
Turnkey & Managed: Operated under full management, ready for a seamless transition.
Ample Space: Expansive 398 sqm with capacity for 120 seats, ideal for events and high volume.
Hours of operation: 55 hours per week

This is a rare opportunity to acquire a high-performing, recently enhanced hospitality venue with a proven track record and exciting potential for sustained growth.

This is a genuine and confidential sale of a highly profitable and well-established business. The vendor has placed complete trust in the appointed agent, who has been exclusively engaged to manage all buyer enquiries and inspections.

We kindly request that interested parties refrain from visiting the premises without a prior appointment. If you choose to attend the business anonymously, please do not approach or question the staff, as they are not aware of the sale and are not authorised to discuss any details.

Your cooperation in maintaining discretion is appreciated and will ensure a smooth and respectful process for all parties involved.

Cost to acquire:

Asking Price: As mentioned above
Stock: $15,000 approx.
Rental Bond: $36,300 approx. (3 months)
Legal Cost: At actuals

For More Information or a Confidential Discussion, contact:

Ricky Khurana
Business Sales Specialist

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.