Restaurateurs behind Ponsonby s Sidart hand over the reins
11 May, 2021 05:00 PM
5 minutes to read
Chef Sid Sahrawat with his wife Chand have sold their first restaurant, Sidart. Photo / Dean Purcell
Chef Sid Sahrawat with his wife Chand have sold their first restaurant, Sidart. Photo / Dean Purcell
Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw
Popular Auckland fine dining restaurant Sidart has changed hands under an ownership structure rarely used within the hospitality industry. When serial restaurateurs Sid and Chand Sahrawat started Ponsonby-based Sidart in 2009, they did so with more than $300,000 of a silent investor s money. Now some 12 years later, the pair are paying forward the kind deed with the same restaurant, helping one of their head chefs get on the business ownership ladder.