For Sale | Sydney CBD | $475,000 + SAV
This contemporary European restaurant and wine bar has traded in the heart of Sydney's financial district for a decade. It has 175 seats over 400 m, runs under management and is consistent week to week.
Built for corporate trade
The venue sits among the offices, law firms and banks of the CBD, and its week is shaped by that market. Weekday lunches bring in business clients. After-work trade fills the 12-metre bar. The floor and bar suit team dinners, client events, product launches and end-of-year parties. It trades Monday to Saturday and closes Sundays, which fits a corporate-led business.
Highlights
- 10 years trading in the CBD, with a loyal corporate and repeat customer base.
- 175 seats on 400 m, with a full commercial fitout.
- 12metre main bar, a natural centrepiece for functions and afterwork drinks.
- 500+ label Spanish wine list, unusual in the CBD and a strong draw for client entertaining.
- 1,000+ Google reviews, rated 4.4.
- Fully managed, so it suits an investor or a hospitality group.
- Lease to 31 January 2031. The original 10year lease from 2016 has been extended.
Lease Info
Original: 10 years, 1 February 2016 - 31 January 2026
Varied: Extended to 31 January 2031
Trading Times
Monday 12 to 10pm
Tuesday 12 to 10pm
Wednesday 12 to 10pm
Thursday 12 to 10pm
Friday 12 to 10pm
Saturday 5 to 10pm
Sunday Closed
Size of Premises
400 square meters
Opportunity
Ideal Buyer
This opportunity is a good fit for experienced operators or established hospitality groups looking to acquire a high-profile, profitable venue and take it to the next level.
**Weekly**
Sales $83,782 (inc.GST)
Rent $8,247
Wages $31,171
Net Profit $5,525
