Sydney Region, NSW, ID 157785
Turnkey Restaurant and Bar - Newtown/Enmore, NSW A rare opportunity to acquire a well-established restaurant and bar in the heart of Newtown/Enmore. Strategically located on bustling King Street near the University of Sydney, RPA Hospital, boutique shops, and nightlife venues, the business benefits from consistent day and night foot traffic. With over 20 years of trading history, it is a strong performer in one of Sydney’s liveliest dining and entertainment precincts. The PSA-licensed venue accommodates 80 guests inside and 8 outside, offering grazing and banquet-style dining along with an extensive gluten-free menu. The restaurant has a loyal customer base and excellent Google Reviews. Current annual turnover exceeds $600,000, supported by a skilled team of seven. The sale includes a fully equipped commercial kitchen, elegant fit-out, and three garage parking spaces. Marketing is managed through social media, Google Ads, email, and SMS campaigns targeting VIP clients. The business operates with 3-4 staff per service and additional weekend support. Growth opportunities include extending trading hours, launching Sunday breakfast/lunch, and catering services. Structured two-week training and ongoing consulting are offered for a smooth handover. Key Features * High-performing restaurant with long trading history * Prime location with high foot traffic * PSA License included * 80-seat dining area * Fully equipped commercial kitchen, elegant fit-out, and parking * Google Ads, Instagram/Facebook marketing, email/SMS campaigns * Multiple income streams * Opportunities for extended hours or catering services Operating Costs: approx. $11,500 per week (excluding owner salary) Rent: $1,692 per week (including GST) Cocktail Bar - Small Bar Licence (Optional Purchase) * Small Bar Licence, capacity 20 patrons * Ultra-low overheads: Rent approx. $600 per week including GST; electricity ~$130/week; water ~$15/month * Near-new fit-out with refrigeration, POS, furniture, and multi-speaker commercial sound system * Fixed projector and screen for movie nights, live sport, themed promos, and ticketed events * Lease to July 2026 with 3-year option * Price guide: $39,000 + SAV (offers considered; can be bundled with restaurant) Enquire today to secure this turnkey restaurant and bar opportunity in Sydney’s vibrant dining hotspot.
