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.

Description

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.

Summary

  • Features: Location - Fit-out - Profitability - Return on Investment - Gross Sales - 4.5* Google Reviews - 9000+ Instagram Followers -
  • Potential: Landlord has approved morning trade to operate as cafe. Kitchen and fit-out are ready to go. A new owner can launch a cafe concept providing an opportunity to increase revenue with no capital outlay.
  • Premises: Impeccable. Currently 190 sqm with approval to reduce to 131 if needed.
  • Trading Hours: Monday Closed. Tuesday to Thursday: 5pm to 10pm. Friday: 4pm to 10pm. Saturday: 1pm to 11pm. Sunday: 1pm to 10pm
  • Lease: Lease commenced June 30, 2025 - Lease expires June 30, 2028 + one 3 Year Option - 6 months bond.
  • Employees: 1 owner, 3 fulltime, 5 partime, 11 casual
  • Sale Reason: Proximity of the business is too far from home.
  • Comments:

    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.

Weekly Summary

Weekly Takings (inc GST)

$40,000

Cost of Goods

$10,468

Gross Profit

$29,532

Rent

$5,090

Wages

$11,400

Outgoings

$950

Telephone

$50

Insurance

$222

Electricity

$460

Gas

$170

Misc1

$3,556

Total Expenses

$21,898

Estimated Stock (Additional)

$14,000

Equipment (Included)

$300,000

Net Profit

$7,634

Price

$270,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant / Bar

Business Code: PM1093
Price: $270,000
+ Estimated Stock (SAV) $14,000

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.

Business Overview

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.

Summary

  • Key Features: Location - Fit-out - Profitability - Return on Investment - Gross Sales - 4.5* Google Reviews - 9000+ Instagram Followers -
  • Potential: Landlord has approved morning trade to operate as cafe. Kitchen and fit-out are ready to go. A new owner can launch a cafe concept providing an opportunity to increase revenue with no capital outlay.
  • Premises: Impeccable. Currently 190 sqm with approval to reduce to 131 if needed.
  • Trading Hours: Monday Closed. Tuesday to Thursday: 5pm to 10pm. Friday: 4pm to 10pm. Saturday: 1pm to 11pm. Sunday: 1pm to 10pm
  • Lease: Lease commenced June 30, 2025 - Lease expires June 30, 2028 + one 3 Year Option - 6 months bond.
  • Employees: 1 owner, 3 fulltime, 5 partime, 11 casual
  • Sale Reason: Proximity of the business is too far from home.
  • Comments:

    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.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$40,000

Cost of Goods

$10,468

Gross Profit

$29,532

Rent (ex GST)

$5,090

Wages

$11,400

Outgoings

$950

Telephone

$50

Insurance

$222

Electricity

$460

Gas

$170

Misc1

$3,556

Total Expenses

$21,898

Estimated Stock (Additional)

$14,000

Equipment (Included)

$300,000

Net Profit

$7,634

Price

$270,000
+ Estimated Stock (SAV) $14,000

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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.