Restaurants For Sale in Watsons Bay Sydney NSW

Sydney Harbour Waterfront Cafe Restaurant Panoramic Harbour Views East Sydney

Advert Id: 396430, Sellers Ref: (4376)
  • Location: Sydney, New South Wales
  • Category:Restaurant
  • Asking Price:$750,000
  • 750000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

Exclusive Beachside Hospitality Opportunity

Positioned on the water's edge in one of Sydney's most exclusive harbourfront locations, this stunning cafe, restaurant and licensed venue offers uninterrupted panoramic views across Sydney Harbour, the Sydney CBD skyline and the iconic Harbour Bridge.

Often described as Sydney's hidden gem, this unique hospitality destination enjoys a peaceful and tranquil setting directly opposite a family-friendly beach, netted swimming enclosure and waterfront parklands. It is the perfect venue for breakfast, lunch, dinner, private functions, corporate meetings, celebrations and special events.

With an exceptional indoor-outdoor layout and breathtaking outlook, patrons enjoy a truly memorable dining experience while overlooking some of Sydney's most spectacular harbour scenery.

The business is currently operated at a steady pace and offers enormous upside for an experienced operator looking to refresh the menu, maximise the licensed venue, expand functions and events, and unlock the full earning potential of this exceptional Sydney Harbour waterfront location.

Business Highlights

- Prime waterfront position on Sydney Harbour

- Spectacular panoramic views of Sydney CBD, Harbour Bridge and harbour foreshores

- Exclusive blue-chip location with limited competition

- Indoor seating plus expansive outdoor terrace

- Total seating capacity approximately 100 patrons

- 65 outdoor seats overlooking the harbour

- Approximately 103m indoor area

- Approximately 100m outdoor licensed area

- Over 200m total trading footprint

- Fully licensed restaurant, cafe and bar

- Strong coffee trade with excellent reputation

- Popular destination for private functions and events

- Warm, cosy atmosphere with superb ambience

- Fully equipped commercial kitchen

- Grease trap and commercial exhaust ventilation

- Walk-in cool room

- Approved trading hours from 8:00am to 9:00pm daily

- Peak trading between 10:00am and 4:00pm

- Plenty of free off-street parking

- Opposite beach, swimming enclosure and public parklands


Lease & Rent

- Current owner operating successfully since 2019

- Secure lease until August 2034

- Exceptionally affordable rent for such a prestigious waterfront location

- Rent only approximately $1,237 per week including GST


Opportunity

Rarely does an opportunity arise to secure a fully fitted waterfront hospitality venue in such a tightly held Sydney Harbour location.

An experienced hospitality operator will immediately recognise the enormous potential to further expand the cafe, restaurant, bar, takeaway and events side of the business while capitalising on the venue's exceptional waterfront position and loyal customer following.

This is a truly unique Sydney Harbour hospitality opportunity that must be inspected to be fully appreciated.

Enquire now to secure one of Sydney's most spectacular waterfront hospitality venues.

Current Trading Snapshot. Summer- Winter

Serving approx. 10 to 30 kilos coffee per week

liquor sales per weeks30%

Trading 7 days, from 8 am to 9 pm

Weekly Summary (approx., incl. GST unless stated otherwise)

Takings: from $10000 Winter, $40000 Summer

Cost of Goods: $200 to $4000

Rent: $1237

Outgoings:included in the rent.

Staff wages: $2000 to $5000

Owner wages: $1200

Insurance: $67

Electricity: $250

Gas: $40

Marketing: $50

Telephone/Internet: $30

Rubbish removal: $100

Cleaning: $38

Lease

Lease period: till August 2029

Options: 5 years till 2034

Increases:CPI

Important Notice - Buyer Identification Requirements

In accordance with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.

To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.

Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.

If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.

For further information please contact:

Contact: Angelo Fournaris [Phone Number Censored] [Email Censored]

Strictly Confidential

The business name, exact location, financial information, client details and further operational particulars will be provided only to qualified parties upon the execution of a Confidentiality Agreement

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.

Network Infinity

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