Business for sale · Franchise
A location-specific SPAGO franchise expression of interest in Sydney CBD.
Summary
Explore a SPAGO franchise opportunity at Sydney Central Plaza Food Court. Bring the brand's handmade pasta, customisable combinations and Sicilian pizza concept to a proposed Sydney CBD food-court operation, with training and ongoing support subject to the agreed franchise terms. Investment on application; premises and commercial terms to be confirmed.
Location
Sydney Central Plaza Food Court, Sydney NSW 2000. The specific tenancy, floor area, fit-out, rent, lease term and opening timetable are to be confirmed. This advertisement does not represent an established trading SPAGO store at this location or an approved site-specific earnings forecast.
About the opportunity
Expressions of interest are invited from prospective franchise partners for Sydney Central Plaza Food Court. This is a location-specific franchise opportunity, with the final premises, menu, operating format and commercial terms subject to confirmation and relevant approvals.
SPAGO's pasta-bar and express concepts provide a starting point for discussing the proposed food-court operation. Support can cover site assessment, lease negotiations, store design, training, launch marketing and ongoing operations. The final support package and associated costs are governed by the franchise documentation.
Brand history
SPAGO was founded in Sydney in 2011 by chef Eddie Leung, with its first restaurant opening in Beverly Hills. Handmade fresh pasta was central to the original concept, combining Italian pasta-making traditions with Eddie's own culinary influences.
The brand expanded to Chatswood in 2018 with a café-style pasta bar, followed by Darling Square in 2020. Its development has brought together restaurant dining, pasta-bar and express formats, alongside a create-your-own pasta concept that lets customers personalise their meal.
Key milestones
| Year | Milestone |
|---|---|
| 2011 | First SPAGO restaurant opened in Beverly Hills, Sydney. |
| 2018 | Expanded to Chatswood with its second store and a café-style pasta-bar format. |
| 2020 | Opened at Darling Square, developing the express fresh-pasta concept. |
| 2021 | Opened at Barangaroo. |
| 2022 | Opened at Warringah Mall. |
| 2024 | Opened at The Galeries in Sydney CBD. |
| 2025 | Opened at Macquarie Centre. |
Marketing and product support
Marketing and product support can include online and offline marketing, promotional campaigns, pre-opening publicity and ongoing product development. Partners can discuss the proposed marketing programme and seasonal menu updates with SPAGO. Service scope, contributions and charges require confirmation.
Training and operating support
Training and operating support can include training for new partners, daily operations, store design and fit-out coordination, procurement and logistics, and operating processes. Applicants should review the actual training programme, responsibilities and ongoing support provisions in the franchise documentation.
Partner profile
Interested applicants are invited to discuss their hospitality experience, proposed level of involvement, preferred location and available investment. Final selection criteria and franchise approval remain with SPAGO.
Illustrative financial model
The following percentages illustrate a standard operating model under stable operating conditions. They are not audited trading results or a forecast for a particular location.
This illustrative model is not a forecast for Sydney Central Plaza. No site-specific revenue, rent or earnings assumptions have been confirmed.
| Item | Indicative percentage of revenue |
|---|---|
| Total revenue (model base) | 100% |
| Estimated rent | 15%–18% |
| Commodity costs | 26%–30% |
| Labour costs | 23%–28% |
| Sundry expenses (examples include cleaning, POS, electricity and interest) | 5%–8% |
| Variable costs (examples include bags and packaging) | 2%–4.5% |
| Estimated net income — indicative range | 11.5%–19% |
Agreement and next steps
Franchise duration, renewal rights, fees, ongoing charges, lease terms and territory arrangements are to be confirmed. Request the SPAGO partnership brochure and discuss your proposed location, investment requirements and the financial assumptions before proceeding to formal documents.
Contact Jeffrey Lei — ANND Properties Group Pty Ltd 0405 888 800 | Jeffrey@annd.au | https://anndbusiness.com.au
Images depict existing SPAGO outlets and products for brand illustration. They do not represent the fit-out of a proposed new site. All site and franchise terms are subject to confirmation, relevant approvals and formal agreement.
Key features
Sydney Central Plaza Food Court location SPAGO pasta and Sicilian pizza concept Food-court format subject to brand approval Training and operating support subject to agreed franchise terms Site-specific commercial terms to be confirmed Expressions of interest from prospective franchise partners
Premises
Proposed premises and fit-out requirements to be confirmed. This is a new location franchise opportunity, not the sale of an operating store.
Images show existing SPAGO outlets and products and are illustrative only. They do not depict or confirm the fit-out of the proposed Sydney Central Plaza premises. All site and franchise terms require confirmation.
