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#Business ID: 37834

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Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and a Licensed Bar/Pub (3 in 1 business) near Sydney CBD 1SELL Listing ID 1AU078

Business Location: NSW, Australia

Asking Price: $468,000 WIWO Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and a Licensed Bar/Pub - 3 in 1 Business Opportunity near Sydney CBD

1SELL Listing ID 1AU078

Discover an extraordinary turnkey business opportunity nestled near the vibrant Sydney CBD. This highly regarded establishment offers a unique concept that combines a Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and a Licensed Bar/Pub. Belle Dancers on Fridays and Saturdays adds to the unique experience and revenue potential. With impressive financial performance and a strategic location, this business presents a compelling investment proposition.

Key Features:

Financial Performance: Boasting an annual net profit of $300,769 approx., this business has consistently demonstrated strong financial performance. Monthly net profits average $25,064 approx., contributing to the remarkable annual shop sales profit of $764,692 approx. Please note that the financial performance provided does not include the sale of alcohol. However, with an already approved liquor license in place, the potential for increased profitability and revenue growth is tremendous. Imagine the possibilities once you begin utilising this asset.

Location: Situated in a bustling area near Sydney CBD, this business benefits from high foot traffic and a diverse customer base. With excellent accessibility and proximity to major attractions, it offers great potential for growth. With a total floor area of 398 square meters, there is ample space to accommodate up to 120 seats, allowing for large-scale events and regular clientele.

Diverse Revenue Streams: The combination of a Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and a Licensed Bar/Pub creates multiple revenue streams, providing various opportunities to cater to different customer preferences and increase sales.

Operating Model: Under full management, this business offers a seamless operation that ensures a steady income stream. With opening hours from 5 pm to 11 pm on weekdays and until 10 pm on Sundays, it strikes the perfect balance between profitability and manageable working hours. You may wish to operate additional hours as per the DA approval.

Expansion Opportunities: With an Approved Liquor License, the potential to introduce alcohol sales presents an excellent opportunity to significantly increase revenue from day one. Furthermore, an already impressive online presence and captivating ambiance lay the groundwork for further marketing and growth initiatives.

Strong Online Presence: Benefit from an impressive website and a 4.6-star Google rating, attracting customers and showcasing the business's exceptional reputation.

Lease Details: The current lease is in place until September 2027 with an option for a further 5 years. You have the choice to continue the existing lease or negotiate a fresh lease of 5 + 5 + 5 years. ***Subject to landlord’s approval***

Professional Support: The seller will provide comprehensive support during the transition period, ensuring a smooth handover and equipping the new owner with the knowledge and guidance required for continued success.

Take advantage of this turnkey business opportunity near Sydney CBD, with diverse revenue streams and a track record of impressive financial performance. With expansion opportunities, a strong online presence, and a strategic location, this business is poised for continued growth and success.

Asking price: $468,000 WIWO (All equipment included)

For more information or to arrange the signing of the confidentiality agreement, please contact:

Ricky Khurana - Business Sales Specialist

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Property Code: 90

Property Details

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