Iconic Bondi Restaurant / Close to Beachfront

Price: $650,000 + Stock
This iconic bar restaurant is a long-time mainstay of the Bondi Beach hospitality scene

Key Sale Highlights

Business Overview

This iconic bar restaurant is a long-time mainstay of the Bondi Beach hospitality scene. Located close to Bondi Beach this business would suit a hospitality professional who is looking for an established business with solid returns and a long-established brand.

-Approx $40k per week turnover
-Strong kitchen and FOH teams
-Flexible menu and high-end cocktails
-Well known 200sqm restaurant in an iconic setting
-Huge foot traffic and a mainstay with locals and tourists
-Growth potential through extension of trading hours to all day dining

Call Paul to find out more and to request an Information Memorandum.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
The 5 x 5 year lease commenced in December 2021. 4% increases and a three-month bond is required.

Premises Details
Approx. 200 square metres. – Toilets, Full commercial kitchen and store room. Outdoor seating area.

Staff Details
The business is currently run with a FOH manager/Owner, head chef and ten casuals.

Opening Hours
5 days – Wednesday to Friday from 5.00pm and from midday on Saturdays and Saturdays till late.

Opportunity
Extend the trading hours to create an all-day bar and restaurant in this iconic location.

**Weekly**

Sales $44,000 (inc GST)

Rent $4,690 (inc GST)

Net Profit $282,000 approx. per annum

Financials

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Location Details

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

Confidential Business Information and FAQ's

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