Bar for sale, Sydney NSW

About the business

An Italian pasta and wine bar and restaurant in a major shopping centre in the Sydney CBD. It serves handmade pasta cooked to order, antipasto platters, panini and baguettes. It trades 7 days, Monday to Wednesday 11am to 3pm, Thursday 11am to 9pm, Friday 11am to 4pm, and Saturday and Sunday 11am to 5pm. It has 3 full-time, 6 part-time and 4 casual staff. The premises are a wine bar and restaurant of 99.5 sq mts plus a large outdoor seating area with a bar license. The current 8 year lease expires 20 April 2027. The reason given for the sale is retirement. The broker reports the business is fully managed and the owner has spoken with the landlord, who would consider providing an option for the right purchaser.