Located in one of Bondi Beach's most desired streets, this iconic business has been a mainstay of the local bar and restaurant scene for the past decade. Opportunities like this are rare.
With its world-class location, consistent trade, and established brand this business would suit a hospitality professional who is looking to establish themselves in the heart of the Eastern Suburbs' hospitality scene.
There's potential to expand the trading hours and cater to the lucrative breakfast and lunch trade. The busy location, interior aesthetic, indoor and outdoor seating and strong brand would definitely cater to all day dining. It's approximately 200sqm site suits casual dining, drinks with friends and a top-notch function and events space.
With an established team, proven systems and high-end food and drink menus this is a stunning business.
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
