Don't miss this rare chance to own a Sydney icon, an established Mexican restaurant and bar situated in the heart of vibrant Oxford Street, Darlinghurst.
Celebrated for its exceptional cuisine, bustling vibe, and outstanding reputation, this venue proudly boasts over 8,000 Instagram followers and an impressive 4.8-star Google rating from 700+ reviews.
Recently relocated to its current high-traffic location, the establishment is perfectly positioned to attract an ever-growing clientele, offering significant opportunity for increased profitability under dedicated ownership
Lease Details
Brand-new lease commencing 1 April 2025 (initial 3-year term plus additional 3-year option)
Weekly Rent: $2,000 + GST ($104,000 annual) with manageable fixed 4% annual increases
Outgoings: Approx. $10,600 annually
Rental Bond: $34,000 + GST (4 months' rent)
Permitted Use: General Bar/Restaurant/Nightclub
No demolition, relocation, or exclusivity clauses
Premises Details
*Prime location on busy Oxford Street, Darlinghurst, ensuring high visibility and consistent foot traffic.
*Total internal area of approximately 150 sqm, floors, designed to maximize customer experience.
*Dining space, bar area, fully-equipped commercial kitchen, cool room, storage rooms, office, and accessible restroom.
*Modern fit-out with stylish, vibrant décor reflecting the venue's Mexican and theme.
*Seating comfortably accommodates up to 45 patrons in diverse settings including bar seating and dining areas.
*Fully-equipped commercial kitchen
*Facilities maintained in excellent condition, ensuring minimal additional investment required.
Staff Details
Experienced and committed casual team in place, ensuring seamless transition
Restaurant Manager: 30-35 hrs/week (casual)
Skilled Chef: 30-40 hrs/week (casual)
Additional experienced front-of-house and kitchen staff available for continued support
Opening Hours
Trading Hours: Monday to Saturday, 5:30 PM 10:00 PM (great potential to extend hours)
Opportunity
Increase profitability through enhanced marketing strategies and menu innovation
Significant scope to extend opening hours, particularly leveraging lunchtime trade
Opportunity for further engagement with local community and tourists through targeted social media campaigns and promotional events
**Weekly**
Weekly Sales $12,500 Gross
Rent $2,000
Wages $2,696 (owner operator)
Net Profit $2,244
