Sold business 3457690
Ref:3142, Bar, *2 Businesses combined* City Fringe & North Shore
Business NO.:
3457690
Status:
Active
Price:
$3,100,000
Plus SAV:
Yes
Updated on:
29/01/2026
Business Features:
Small Business
Is independently run, locally based, and offers the flexibility to do business the way you want.

Ref:3142, Bar, *2 Businesses combined* City Fringe & North Shore

Restaurant | Business for Sale | Surry Hills

Surry Hills and Crows Nest Reference 3142

Sales Information

Offered as a Complete Group Acquisition Including All IP, Trademarks & Platforms

1. Executive Summary

This offering presents a rare opportunity to acquire three of Sydney's most iconic hospitality venues as a single, strategic package. They represent a fully modernised, professionally managed, and culturally significant portfolio of cocktail bars and music driven venues.

The group is anchored by an industry leading brand with deep consumer recognition, strong digital presence, and a proven operational model. Each venue has undergone extensive renovation, systemisation, and brand alignment, ensuring a seamless transition for an incoming operator or investor.

The sale includes all trademarks, intellectual property, digital platforms, brand assets, and operational systems — delivering a true turnkey hospitality group with immediate revenue and long-term scalability.

2. The Venues

Venue 1 – Surry Hills

1. One of Sydney's most recognisable cocktail bars

2. High foot traffic location in a premium inner city precinct

3. Known for signature cocktails, social dining, and vibrant atmosphere

4. Fully renovated with modern fit out, lighting, and bar systems

5. Strong weekly trade and consistent event bookings

6. Loyal local following and strong brand equity

Venue 2 – Crows Nest

1. The North Shore's most iconic cocktail and social dining venue

2. Recently updated with a refreshed interior and operational upgrades

3. High performing suburban venue with strong local repeat trade

4. Positioned in a booming residential and nightlife precinct

5. Fully managed with established leadership and crew

6. Strong food, beverage, and cocktail program with proven margins

Venue 3 – Crows Nest

1. The North Shore's best live music and late night lounge experience

2. Completely renovated with premium sound, lighting, and booth seating

3. Unique positioning: a curated music driven venue with no direct competition

4. Attracts a high value demographic and strong weekend trade

5. Ideal for activations, private events, and brand partnerships

6. Fully managed with a trained team and established entertainment program

3. Key Investment Highlights

Iconic, High Performing Brand

1. It is one of Sydney's most recognisable cocktail bar brands

2. Strong cultural presence and long-standing reputation

3. High social media engagement and digital visibility

4. Consistent customer loyalty across multiple demographics

Turnkey, Fully Managed Operations

1. Each venue operates with established management and trained crews

2. Systemised processes, checklists, and operational frameworks

3. Minimal owner involvement required

4. Ideal for investors, hospitality groups, or multi venue operators

Completely Renovated & Modernised

1. Significant capital investment already completed

2. Updated interiors, bars, kitchens, sound systems, and lighting

3. No immediate capex required

4. Strong depreciation benefits for incoming owners

Diverse Revenue Streams

1. Cocktail led beverage program with strong margins

2. Food offering designed for speed, consistency, and profitability

3. Events, functions, and group bookings

4. Live music and entertainment revenue (LOOM)

5. Brand collaborations and promotional partnerships

Prime Sydney Locations

1. Surry Hills: high density, high spend inner city market

2. Crows Nest: booming North Shore precinct with major development pipeline

3. Crows Nest: unique late night and music driven venue with no direct competitor

Scalable Brand Platform

1. The brand is built for expansion

2. Strong IP, recognisable identity, and proven market fit

3. Ideal for future franchising, licensing, or multi site rollout

4. Digital assets and platforms included in sale

4. Intellectual Property & Inclusions

The sale includes full ownership of all brand and operational assets:

Brand & IP

1. All registered trademarks

2. Brand identity, logos, style guides

3. Menu IP, cocktail program, and recipes

4. Brand photography, videography, and creative assets

Digital Platforms

1. Websites and domains

2. Social media accounts and audiences

3. Online ordering and booking systems

4. CRM, email marketing, and customer databases

Operational Systems

1. SOPs, checklists, training systems

2. Supplier relationships and negotiated pricing

3. POS systems and integrated reporting

4. Staff onboarding and management frameworks

Venue Assets

1. All furniture, fixtures, equipment, and fit out

2. Sound and lighting systems

3. Kitchen equipment and bar infrastructure

4. Inventory at settlement

5. Financial Overview

(You can provide me with the numbers and I'll integrate them cleanly — revenue, EBITDA, weekly averages, wage %, COGS %, rent, etc.)

6. Sale Structure

The group is offered as a single package to preserve brand integrity and maximise value.

This includes:

1. All three venues

2. All trademarks and IP

3. All digital platforms

4. All operational systems

5. All physical assets

7. Ideal Buyer Profile

1. Hospitality groups seeking expansion

2. Investors seeking a fully managed, cash flowing asset

3. Operators looking for a premium, culturally established brand

4. Groups wanting a scalable platform with immediate revenue

8. Next Steps

A full data room, financials, and site inspections can be arranged upon request and NDA execution.


TURNOVER: $4,500,000

PROFIT: $800,000

LEASE: Surry Hills 5+5, Crows Nest 4+4

RENT: Surry Hills $ 3,500

WAGES: $19,000

STAFF: Both venues under management. 4 Full Time. 25 Casuals

TRADING: Surry Hills

M-Thur 12pm to 10pm

Fri-Sat 12pm-12pm

Sun 5pm-10pm

Crows Nest Tues-Sun 4pm-10pm

For more details, please email broker or call agents.


308A Kingsgrove Road, Kingsgrove, NSW 2208