Mcmahons Point, New South Wales 2060
EOI
Key Features
AI generated. Contact seller to confirm.
- Sales $3.8 million per annum (ex GST)
- High-quality custom-designed fit-out valued approx $1.9M
- Flexible seating for up to 140 guests
- Prime location with excellent visibility and pedestrian exposure
- Lease to 2029 with five year option
- Fully licensed with on-premises liquor permit
- Turnover: $3.8 million per annum (ex GST)
- Net Profit: Not disclosed
- Rent/Lease: $28,500 + GST per month (incl. outgoings)
- Stock Value: Not disclosed
- Established: Established (year not disclosed)
Business Details
Business Category Alcohol Liquor Shop Restaurant
Currently operating under management, this established North Shore dining venue presents an exceptional opportunity for a new owner to take over a well-performing business with proven financial results and a strong local reputation.
Showcasing refined modern cuisine with Mediterranean influences, the restaurant has become a go-to destination for its relaxed sophistication and consistently high standard of food and service. Admired for its elegant interiors, professional team, and warm atmosphere, it offers a complete dining experience that resonates with both local residents and the corporate market.
Key Features Include:
- Sales: $3.8 million (ex GST) per annum FY25/FY24 with strong EBITDA.
- High-quality, custom-designed fit-out valued at approximately $1.9 million.
- Flexible seating for up to 140 guests across well-configured dining zones.
- Prime location with excellent visibility and pedestrian exposure.
- Consistent support from loyal locals and business clientele.
- Attractive rental structure around $28,500 + GST per month (incl. outgoings).
- Lease in place to 2029 with a five year option and a cooperative landlord.
- Fully licensed with on-premises liquor permit.
- Significant scope for growth via extended hours, private functions, and corporate events.
The current ownership has built a strong foundation and, for genuine personal reasons, now seeks a capable successor to continue and expand upon its success. An exceptional opportunity to acquire a highly regarded, fully systemised operation in one of Sydney’s most desirable precincts. Expressions of Interest are invited from genuine buyers and experienced operators.
If you would like to know more about this business, please complete our online confidentiality agreement here: XXXXXXXXXX
or visit our website at XXXXXXXXXX and use the reference #xxx to search for the business.
Please note: Stock images may be used and do not always reflect the actual business for sale.
Property Code: 1412
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