Food and Hospitality
Sydney l NSW
Ref: 6552280280

Restaurant - Cafe Fully Licenced-Busy Inner-Sydney Location For Sale

This is an iconic local restaurant in the heart of residential Darlinghurst. A restaurant has been on this site for more than 40 years and the current restaurant has been established for more than a decade. The restaurant has an eclectic fit-out, very loyal database and great income but the owners now want to retire. This is the perfect business for any type of cuisine that a dedicated new owner/operator may want to introduce so they can make a fantastic living.

We are in the heart of all the popular bohemian areas of Sydney including Darlinghurst, Paddington, Surry Hills, Kings Cross and more. It is the perfect location for hospitality as this is one of the most densely-populated areas of Australia and also attracts tourists and other Sydney locals.

We have a huge regular clientele and are extremely well-known in the hospitality industry. The fit-out is unique with a warm gothic feel that is warm and inviting. The business is well-managed and our customers always feel special here. We can comfortably seat 50 patrons and currently serve what we believe is Sydney's best Middle-Eastern food. However, with our quality commercial grade-kitchen and fit-out, there is everything you need to cater for almost any cuisine. We currently turnover $800,000 plus annually and for the past few years, the owner does only works one shift a week on the floor and still takes home $90,000 annually.

There is massive scope to extend trading hours for an instant boost to income. Breakfast would be very welcome to locals, especially on the weekend and opening for lunch could also be a very positive action. We do a lot of corporate and private catering that is extremely profitable. We do not promote this side of the business but it has huge potential.

Features of our restaurant:

Very well-known with a vast and extremely loyal customer base
Perfect location in the bohemian part of Sydney including Darlinghurst, Paddington, Surry Hills, Oxford Street and more and opposite the "Darlo Bar" and St Vincent's
Enormous turnover in excess of $800,000 annually with great margins
Warm and inviting fit-out with seating for 50 patrons and can easily be changed to serve almost any cuisine
Immediate chance increase income by adding breakfast and lunch
It is rare to be able to buy a successful restaurant in the heart of Sydney's nightlife precinct. With an impeccable fit-out and a loyal customer base, there is nothing extra to spend for a new owner. Instantly boost income by adding breakfast and/or lunch trading hours. This is a truly wonderful opportunity for sale at less that fit-out cost, so don't delay. Please make a confidential enquiry today.

Price: $120,000
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