Well-known restaurant (Sydney North)
Landmark European Restaurant Opportunity - Northern Sydney
First Time on Market in 30 Years! This highly-regarded European destination restaurant, established in 1994, is available for sale for the very first time. Well-known for its outstanding, authentic cuisine, it draws loyal patrons and destination diners from across Sydney.
Key Features:
Established Excellence: Operating since 1994, the business has built an impeccable reputation for genuine European cuisine, blending tradition, hearty flavours, and warm, attentive hospitality.
Prime Location & Venue: Set in a spacious venue with seating for 120 guests, featuring a fully licensed bar, a robust commercial kitchen, and generous storage.
Streamlined Operation: Currently trading just five days a week (Wednesday to Sunday), offering dinner service, with additional lunch service on Sundays. This schedule provides an ideal work-life balance or significant potential for expansion.
Loyal Destination Clientele: Attracts customers who specifically travel to the location, demonstrating its standing as a unique Sydney dining destination with little to no direct competition.
Untapped Growth Potential:
This highly successful business has achieved its dedicated customer base through word-of-mouth alone, having never utilised any advertising. An eager new owner can immediately boost revenue by:
Extending operating hours/days.
Implementing strategic local and digital marketing campaigns.
Leveraging the existing loyal customer base for promotional opportunities.
Ideal Owner Profile:
This opportunity is perfect for a passionate owner-operator who values European cuisine and excellent customer engagement. Maintaining the high standards of hospitality and hands-on client interaction, currently provided by the owner, is crucial for continuing this successful legacy.
This restaurant is more than a local favourite; it's a treasured Sydney destination offering a charming atmosphere, attentive service, and a true slice of Europe, perfectly suited for both intimate family meals and large celebratory gatherings.
Lease Details
A new lease is available for the right buyer.
Premises Details
Leased area: 1,706 square meters.
Dining area: approximately 90 square meters.
Kitchen area: approximately 40 square meters
Staff Details
The owner works approximately 40 hours per week in the kitchen and front of house. There are numerous casual staff members who have been with the business for several years and are happy to stay with a new owner.
Opening Hours
Monday & Tuesday | Closed
Wednesday to Saturday | 6 to 11pm
Sunday | 12 to 2:30pm, 6 to 11pm
Opportunity
This restaurant enjoys a loyal following and a dedicated customer base. The ideal buyer would be someone passionate about European cuisine, particularly someone eager to enter a market with little to no competition.
There is significant untapped potential, as the business has never advertised, plus the owners are closing up to eight weeks per year.
**Weekly**
Sales $20,092
Rent $1,775
Wages $6,588
Net Profit $2,497
For more details, please email broker or call agents.
