Exquisite, Modern Restaurant, Lower North Shore, Sydney | ID: 1412

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: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1412

or visit our website at www.abbabusinesssales.com.au 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.

 

Suburb Mcmahons Point
Price EOI
Property Type Business
Property ID 1412
Category Food/Hospitality, Food/Hospitality, Food/Hospitality

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Agent Details

Eddie Spurr photo

Eddie Spurr

0417 251 015
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What our clients say

George is a one of a kind. From the day we connected until the day we purchased he was a pleasure to deal with. He’s honest and was on the phone with me every day making sure the purchase went smoothly....

Amir Jodeh

George was very professional and took control of the sale right from the beginning. This was my first time selling a business and George made the process so pleasant and positive. He produced a great result...

Afa Wilson

Eddie Spur was realistic from the beginning and provided an excellent service. My business did sell, and I believe it was the best result possible in these difficult times. Eddie particularly supported...

Bill Mountakis

Selling a business is not always easy, but with ABBA Group, particularly under the guidance of Eddie Spurr, the process was smooth, clear, and incredibly efficient from start to finish. Eddie’s professionalism,...

David Bitton

Eddie was very helpful with the sale of my business. It was quite a long drawn out sale, however he found a motivated buyer and helped us both jump through the hoops for the landlord. I would use Eddie...

Elliot Cryer

We recently had the pleasure of working with Saurab to purchase our business, and we couldn't be happier with the experience. From the very beginning, Saurab demonstrated exceptional professionalism and...

Manisha Vekaria