Currently operating under management, this well established Sydney restaurant presents an excellent opportunity for a new owner to enjoy strong financial returns and the satisfaction of running a respected local venue. Serving modern, seasonal cuisine in the heart of the Sutherland Shire, it has become a favourite for its welcoming vibe and consistently high quality food. Renowned for attentive service and thoughtful design, it delivers a genuine dining experience that attracts a loyal local following.
Key Features Include:
- Sales $3.2 mil (ex GST) per annum FY25/FY24 with very strong EBITDA.
- Contemporary, bespoke fit out valued at $1Mil.
- Excellent combination seating (x120) across the intricate footprint.
- Prime position with excellent street exposure and parking.
- Great support from loyal locals.
- Modest rental $15K +GST per month including outgoings, equating to 5.6% of sales.
- Lease term to December 2028 with 5 year option. Very supportive landlord.
- Holds an on premises liquor licence.
- Multiple growth avenues including but not limited to the extension of service and hosting corporate events.
The current owners have operated the restaurant successfully and for genuine reasons are looking for a successor to further leverage the many opportunities available. A truly unique and magnificent business overall. The strong systems in place will ensure a smooth transition for the new owner. Inviting expressions of interest from genuine investors and operators.
If you would like to know more about this business, please complete our online confidentiality agreement here: [Web Link Censored]
or visit our website at [Web Link Censored] and use the reference #1405 to search for the business.
Please note: Stock images may be used and do not always reflect the actual business for sale.
Property Code: 1405
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