POA
Established for more than eight years, this contemporary Vietnamese restaurant operates with minimal owner involvement and an experienced team already in place.
The business generated approximately $764,000 in FY2026 sales excluding GST, with adjusted earnings of approximately $116,000 under its existing managed structure.
For an incoming working owner able to replace the paid management role, the indicative annual benefit increases to approximately $193,000.
This is not a turnaround or a business dependent on unpaid owner labour. The owners have intentionally stepped away from daily operations, supported by a floor supervisor, three trained chefs, documented recipes and established operating systems.
Financial Highlights
* Approximately $764,000 FY2026 sales excluding GST
* Approximately $116,000 adjusted earnings under management
* Approximately $193,000 potential owner-operator benefit
* Approximately 75% gross margin
* Food costs of approximately 25%
* July and August 2026 sales approximately 11.8% higher than the same period last year
* Clean, source-supported financial records available for due diligence
The Business
The restaurant operates seven daytime services each week, with dinner currently limited to Friday evening.
Its focused trading model, documented recipes and experienced kitchen team allow it to operate without either owner working in the venue.
The sale includes:
* An established contemporary Vietnamese brand
* More than eight years of trading history
* Experienced and long-standing kitchen and service team
* Documented recipes and operating systems
* Established catering relationships
* Strong local following and online presence
* Approximately 5,900 Instagram followers
* Comprehensive training and handover
* All plant and equipment required to continue trading
Location and Lease
The business occupies a prominent position within The Cannery at Rosebery, one of Sydney's best-known food and hospitality precincts.
The lease runs to September 2029, with a further five-year option to September 2034.
Current contractual rent, including the separate storage area, is approximately $75,000 plus GST per annum.
Two Ways to Operate
Retain the managed structure
A buyer can retain the existing team and operating model, generating adjusted earnings of approximately $116,000 with minimal owner involvement.
Step into the business
A working owner capable of replacing the existing paid role could increase the indicative annual benefit to approximately $193,000.
The $77,000 working-owner adjustment is the only difference between the two models.
Growth Opportunities
The business is already profitable without relying on future growth. Further opportunities include:
* Adding additional dinner services
* Expanding corporate and private catering
* Increasing delivery and takeaway sales
* Improving local marketing
* Replicating the documented concept in further locations
All financial information is available to qualified buyers and remains subject to independent verification during due diligence.
Enquire with Olivia Casson Sydney Hospitality Broker
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