Locals Favourite Bar & Restaurant – Lower North Shore
A Thriving, Well-Established Venue with Consistent Growth & Strong Profits.
This beloved Lower North Shore bar and restaurant is a rare opportunity to acquire a highly profitable, managed venue with year-on-year revenue growth.
Generating $1.1M in revenue for FY 2024 with a 13% net profit, this business operates efficiently with a stable and experienced kitchen and front-of-house team.
With a long lease secured until 2032 and a low rent-to-revenue ratio of just 10%, this is a turnkey opportunity for an owner-operator or hospitality investor looking to acquire a well-run business with minimal owner involvement.
Key Highlights:
*Revenue: $1.1M+ in FY 2024, with 13% net profit
*Profitability: Well-structured with low overheads and strong financials
*Management: Fully staffed with a consistent established team and minimal owner input (1-2 evenings per week)
*Prime Location: Sought-after Lane Cove position with minimal competition
*Strong Lease Terms: Locked in until 2032, low rent ($1,982 p/wk, 10% of revenue), minimal outgoings, and 2.5% annual increases
*Facilities: Well-equipped kitchen with all equipment recently serviced—no additional investment required
*Capacity: Seating for 90+ guests (indoor & outdoor)
*Trading Hours: 6 evenings, 2 days per week with a midnight liquor license
*Reputation: 4.8-star Google rating, 1,300+ Facebook followers, strong local following
*Included in Sale: Licenses, branding, social media, equipment, and goodwill
Who is this Business Perfect For?
*Owner-Operator – Ideal for a hands-on hospitality entrepreneur looking to take over a stable, profitable business
*Hospitality Group or Investor – A great addition to an existing portfolio with strong systems in place
*Chef or Restaurateur – A prime opportunity for a chef seeking to step into ownership without starting from scratch
With a well-known industry expert having set up and refined this venue, the current owner is happy to provide a smooth, warm handover to ensure a successful transition for the new owner.
This is a rare opportunity to acquire a thriving, managed business in one of Sydney’s most desirable areas. Enquire today!
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