Cafe/Coffee Shop Food/Hospitality Business for Sale

Bondi 

$399,000Play Video

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    Cafe/Coffee Shop Food/Hospitality Business for Sale in Bondi

    Stylish Licensed Bar & Restaurant in the Heart of the Eastern Suburbs

      Established in 2013, this quirky and unique local treasure is situated in an ideal location, with seating for 112 patrons, both indoor and outdoor. The perfect combination of location, atmosphere and menu offerings, this local bar and restaurant is loved by locals and first time visitors alike.

      Location
      The business is located in Sydney's Eastern Suburbs and boasts a stylish fit-out with seating for 112 patrons within its 211sqm premises.

      Potential
      Already returning a solid revenue income, there is plenty of options for realizing the businesses potential. Expanding trading hours, adding a takeaway or food delivery option, as well as marketing the business towards events and functions will no doubt increase the profile and performance of this opportunity.

      Skills
      This is a business that would suit a purchaser with previous hospitality experience, or some prior experience in the SME sector. The current owners do not work in the business.

      Hours
      The business currently opens for dinner 7 nights a week, and for lunch on the weekends. Hours are:
      - Monday to Thursday: 5 pm to 11 pm
      - Friday: 4pm to 11pm
      - Saturday: 12pm - 11pm
      - Sunday: 12pm - 10pm

      Lease
      Current lease has an expiry date of 20th June 2020 with an additional 1 x 3-year option.

      Employees
      The business currently employs around 20 staff including the owners. A full breakdown of the staff layout can be provided post enquiry.

      About the Business
      Established in 2013 by the current owners, this business takes advantage of its stunning location in Sydney's Eastern Suburbs, an area well known for its cool bars and chic restaurants. The 112 patron capacity premises includes a main dining room, large rear courtyard with a retractable roof and bi-fold windows that allow the sunlight and local views to stream in, highlighting a stylish and trendy fit out accented by recycled fence palings from the local neighbour exuding a beachside ambiance.

      Fully liquor licensed and currently holding a highly sought after but rarely obtained PSA license, allowing alcohol to be consumed without food. Currently open 7 nights per week for dinner, the offerings on the menu include sharing plates, high-quality burgers and unique cocktails.

      Key Points:

      • Opportunity to expand with targeted marketing, widening of opening hours and food takeaway and delivery options
      • The menu includes bar grazing snacks, entre burgers, main meals, sides, and desserts
      • Fully liquor licensed and currently holding a highly sought after but rarely obtained PSA license, allowing alcohol to be consumed without food
      • All kitchen and cafe fittings and fixtures are included

      This is a fantastic opportunity to acquire a standout local business in a stunning Eastern suburbs location. Don't miss this one.

      For more information on this exciting opportunity, please contact the undersigned:

      Paul Smith
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0420 550 433 T: 1800 858 696 E: p.smith@raywhite.com

      For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1882526 to search for the business.

      Disclaimer:
      Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, nonrecurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

      Categories:

      Cafe/Coffee Shop, Takeaway Food, Juice Bar

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