Restaurants For Sale in Sydney NSW

Chinese Noodle + Branded Milk Tea | Annual Turnover $1.8M

Asking Price: $200,000 + SAV

An established hospitality business located in Sydney CBD is now available for sale. The business focuses on Chinese noodle casual dining, complemented by a branded milk tea offering.

The premises sit within a strong office, tourism and leisure precinct, surrounded by dense commercial buildings and benefiting from frequent major events in the area. This provides the business with strong exposure and consistent passing foot traffic.

The business operates under a “food + beverage” model, combining everyday meal demand with beverage cross-selling opportunities. With existing fit-out, equipment and operating systems already in place, a purchaser can take over and continue trading immediately, with further room to optimise the current model.

The current lease runs to November 2029. Current annual rent is approximately $220,000 plus GST. The premises also include an outdoor seating area of approximately 31 sqm and two signage positions.

Business Highlights:

- High-exposure Sydney CBD hospitality location The business is located in a mature commercial and leisure destination in Sydney CBD. The surrounding area includes office workers, visitors, families and event-driven foot traffic. Locations of this kind are limited and may suit buyers seeking an established entry point into the CBD hospitality market.

- Chinese noodle casual dining as the core business The business is centred on Chinese noodles, casual meals and snacks, with a customer base mainly comprising non-Asian customers. Noodle-based casual dining is a mature and widely accepted category within Chinese and Asian quick-service dining, suitable for frequent everyday consumption.

- Standardised production with reduced chef reliance The existing noodle, casual meal, sauce and beverage product lines have relatively clear preparation processes. Compared with heavy kitchen operations that rely heavily on a head chef, this business is better suited to daily operation through standardised workflows, equipment and staff training. This can help reduce handover difficulty and labour management pressure. The vendor is also prepared to provide relevant recipes, preparation procedures and operational training during the handover period, assisting the purchaser to maintain product consistency and support future replicability.

- Food + beverage combination with clear average-spend upside In addition to the main food operation, the premises also operate a well-known branded beverage offering. Food and beverage sales operate from the same location, sharing customer flow, equipment, back-of-house facilities and part of the staffing structure. This creates clear potential for “meal + drink” cross-selling.

- Established fit-out, equipment and trading infrastructure The business is equipped with a comprehensive hospitality setup for Chinese casual dining and beverage operations, including kitchen and beverage equipment. A purchaser can continue operating from the existing equipment base and further optimise the menu according to their own concept. This represents a rare opportunity to enter a core CBD hospitality market with an existing kitchen platform already in place.

- Outdoor seating area, stronger exposure and better customer experience In addition to the internal trading area, the premises include an outdoor seating area of approximately 31 sqm. For a CBD hospitality business, outdoor seating and shopfront exposure can help improve visibility, seating capacity and the on-site customer experience.

- Further upside on the existing operating base The business still offers further upside on its current operating base. Potential areas include menu optimisation, bundled meal offers, stronger “noodle + drink” linked sales, improved labour rostering, purchasing cost control, better delivery platform performance, and stronger conversion of surrounding event and visitor traffic. Additionally, the current model has a degree of replicability. For an experienced hospitality operator, there may be potential to further standardise the menu, purchasing, staff training and branding, creating a foundation for future multi-site or brand-led expansion.

Suitable Purchasers
1. Experienced hospitality family operators
2. Existing multi-site hospitality operators with a team
3. Investment-style buyers seeking entry into a core Sydney CBD hospitality location

Further information is available upon execution of a confidentiality agreement.

Property Code: 254