Search Listings
Restaurant / BarPrice: $270,000Net Profit: $7,634 |
Visit this listing at https://www.sbx.com.au/business?id=PM1093 |
|
Business Code: PM1093 Key Features: Cocktail Bar - Restaurant - Profit 7500. pw - Sales 40,000 pw - East Sydney State: NSW Location: This Beach location is Sydney's 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. DescriptionOperating 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. 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. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly SummaryWeekly Takings (inc GST)$40,000Cost of Goods$10,468Gross Profit$29,532Rent$5,090Wages$11,400Outgoings$950Telephone$50Insurance$222Electricity$460Gas$170Misc1$3,556Total Expenses$21,898Estimated Stock (Additional)$14,000Equipment (Included)$300,000Net Profit$7,634Price$270,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Key Features: Cocktail Bar - Restaurant - Profit 7500. pw - Sales 40,000 pw - East Sydney
State: NSW
Location: This Beach location is Sydney's 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.
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.
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.
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.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.