Price Drop! Established, Well-loved Restaurant For Sale, Haymarket, Sydney Cbd
Haymarket, New South Wales 2000
$100,000
Key Features
AI generated. Contact seller to confirm.
- Busy location with strong repeat customer base
- Authentic hand-pulled noodles and handmade dumplings
- Renovation completed in 2020
- Full commercial kitchen
- New lease in place
- Owner willing to assist and provide consultancy
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: 9 years
Business Details
Business Category Restaurant
Business ID: XB164327
BUSY LOCATION – STRONG REPEAT CUSTOMERS
This family-owned restaurant was started by the current owner 9 years ago and has built a strong reputation for its authentic hand-pulled noodles and handmade dumplings. The business enjoys strong support from regulars, students and tourists, making it a well-loved dining spot in Sydney’s busy Haymarket area.
The restaurant faces Quay Street, in a 7-storey mixed-use building with a variety of food and drink options and shops on street level, plus office and retail spaces inside.
The surrounding area is a mix of commercial, retail, and residential developments. The Quay mixed-use development is located to the west of the site. To the north of the site is the Paddy’s Markets, while the University of Technology Sydney is located to the south.
Business Highlights:
- Unique building
- Long history of consistent trading
- Renovation completed in 2020
- Full commercial kitchen
- New lease
The business operates 98 hours per week and has a team managing day-to-day operations, but it is best suited for an owner-operator. Trading hours in the area could be extended to increase revenue.
The owner has other business interests that need his full attention, and a reluctant decision has been made to offer the business for sale. The owner would be willing to continue to assist the new owner further develop the market and share ownership in a new venture is amongst options the vendor would consider, as would a consultancy role. A straight sale will also be considered.
PRICE: $100,000
Property Code: 4546
BUSY LOCATION – STRONG REPEAT CUSTOMERS
This family-owned restaurant was started by the current owner 9 years ago and has built a strong reputation for its authentic hand-pulled noodles and handmade dumplings. The business enjoys strong support from regulars, students and tourists, making it a well-loved dining spot in Sydney’s busy Haymarket area.
The restaurant faces Quay Street, in a 7-storey mixed-use building with a variety of food and drink options and shops on street level, plus office and retail spaces inside.
The surrounding area is a mix of commercial, retail, and residential developments. The Quay mixed-use development is located to the west of the site. To the north of the site is the Paddy’s Markets, while the University of Technology Sydney is located to the south.
Business Highlights:
- Unique building
- Long history of consistent trading
- Renovation completed in 2020
- Full commercial kitchen
- New lease
The business operates 98 hours per week and has a team managing day-to-day operations, but it is best suited for an owner-operator. Trading hours in the area could be extended to increase revenue.
The owner has other business interests that need his full attention, and a reluctant decision has been made to offer the business for sale. The owner would be willing to continue to assist the new owner further develop the market and share ownership in a new venture is amongst options the vendor would consider, as would a consultancy role. A straight sale will also be considered.
PRICE: $100,000
Property Code: 4546
What's Nearby
Nearby Locations
Similar Businesses For Sale
Inner West Best Buy: $95k Prime Street...
Business For Sale | ANNANDALE$95,000 + SAV
Alcohol Liquor Shop Restaurant
Prime Enmore Rd Wine Bar | High Traffic |...
Business For Sale | NEWTOWN$165,000 + SAV
Alcohol Liquor Shop Restaurant