Business Summary

A well-established restaurant and wine bar serving contemporary Italian dishes and an extensive wine list with over 200 International and Australian wines, located 4 km from Sydney CBD.

This business is an Italian restaurant and wine bar known for its outstanding menu and extensive wine selection with over 200+ options. It is also a go-to social gathering spot for many locals owing to its exquisitely fitted premises and outdoor dining option, which not all operators in the area offer. The business is easy to operate, well-structured and profitable, ideal for experienced operators seeking a lifestyle business with an already undisputable reputation.
* 4-day operation
* 120+ seats inside and out
* 9.75 years remaining on lease
* With 80pax pathway dining approval (provided by council)
* PSA-licensed premises
* 4.4/5 Google rating
* 4.6/5 Opentable rating
* Sales Revenue: $1,800,000.00
* Profit: $175,000.00


It is a thriving business currently receiving high demand throughout the week, particularly during weekend lunch hours. It also provides room service meals to the 85-unit serviced hotel/apartment where it is currently located.

Due to the strong demand for its products and services, it sustainably operates four days per week, which incoming owners could extend should they desire to boost revenue. 

It is in a highly visible location, exposed to large volumes of passing traffic and pedestrians on a daily basis, and is in very close proximity to Sydney's CBD.

Its premises are elegantly furnished, and there are seats on the pathway out front, granted by the local council at no cost. Indeed, the premises are simply made to impress!

This business's potential for growth is endless. As such, it is the ideal acquisition for any Purchaser looking to run a reputable and prosperous business in Sydney's booming Hospitality sector.

To learn more about this exciting opportunity, give me a call today!

Listing ID: NSW10729
Broker: Paul Helliwell
Phone: + 61 2 9899 1999 / +61 419 015 046
Email: [email protected]

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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.

Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Restaurant, Bar, Wine, Italian, CBD, Hospitality
Ref: NSW10729
Timestamp: 20230211020040

Property Details