Operating as a premium cocktail bar and full service restaurant, this business has built a strong reputation for its modern Asian menu with Japanese influence, creative cocktails and vibrant dining experience. Popular dishes include sashimi tacos, karaage chicken, crispy pork bao and lotus root chips, while its signature bottomless Spicy Margarita and premium cocktail offering continue to attract loyal customers and drive repeat business.
Trading in excess of $40,000 per week over the past six months, the business generates consistent profitability from a diverse mix of dining, bottomless lunch sessions, Champagne Sundays, live music, cocktail brunches and private events.-172 seats - Licenced.
The venue itself is a major drawcard, with a striking multi level fitout and an atmosphere that guests regularly describe as unforgettable. Offered for less than the original fitout cost, this is an opportunity to acquire an established brand, a premium hospitality venue and a proven revenue stream at below replacement value. Financial information is available through the SBX Broker.
Potential
Landlord has approved morning trade to operate as cafe. Kitchen and fit-out are ready to go. A new owner can launch a cafe concept providing an opportunity to increase revenue with no capital outlay.
Features
Location - Fit-out - Profitability - Return on Investment - Gross Sales - 4.5* Google Reviews - 9000+ Instagram Followers -
Premises
Impeccable. Currently 190 sqm with approval to reduce to 131 if needed.
Location
This beach location is Sydneys most visited tourist precinct and one of the most recognised lifestyle destinations in the world. The venue benefits from consistent foot traffic, strong weekend and holiday-period trading, and a customer base that spans locals, interstate visitors, and international tourists year-round. Competition in the immediate area is strong, but this concept is genuinely differentiated there is no direct like-for-like competitor.
Trading Hours
6 days - Monday Closed- Tuesday to Thursday 5 p.m to 10 p.m.- Friday 4 p.m to 10 p.m. - Saturday 1 p.m to 11 p.m. -Sunday 1 p.m to 10 p.m
Lease
Lease commenced June 30, 2025 - Lease expires June 30, 2028 + one 3 Year Option - 6 months bond.
Employees
1 owner, 3 fulltime, 5 partime, 11 casuals
Comments
Please note that the rent figure has been reduced by the proportion of the premises (being 59 sqm) that can be subdivided with landlord pre-approval if required. (approximately a $100,000. per annum saving)
Owners wage of 83k has been removed from wages and included in profit (30 hrs).
Misc #1 - Various miscellaneous expenses including Uniforms / Printing / Photography / Google / Council fees etc.
