With a fresh and clean look this bar restaurant reflects the beachside community perfectly. This is a fantastic opportunity to buy a popular and well established business that is under management and would be perfect for both owner operators and hospitality investors.
Key Features:
Updated food and drinks menu with an opportunity to increase event frequency
A well-established brand with nothing more to spend on the fit out or equipment
Capitalise on the social media presence to grow its reach
Excellent lease terms
The staff are well trained, and a new owner can keep the current set up or look to add their own flair
Sydney's eastern suburbs are in demand and this business's solid revenue, well trained team and supportive lease terms will be popular.
Contact Marc now to find out more about this business and to request your detailed business profile.
**Please note that for confidentiality, the image in this advert is generic and is not of the actual business**
Lease Details
The 5x5x5-year lease commenced in November 2023. 4% increases
A Three-month bond is required.
Premises Details
Approx. 200 square metres. - Toilet, Full commercial kitchen and store
room. Outdoor seating area.
Staff Details
The business is currently run by an Owner, FOH Manager, two full-time
chefs and seven casuals.
Opening Hours
Monday 6:45am to 2pm
Tuesday 6:45am to 2pm
Wednesday 6:45am to 2pm
Thursday 6:45am to 2pm
Friday 6:45am to 8:30pm
Saturday 7:15am to 3pm
Sunday 7:30 am to 3pm
Opportunity
Opportunity awaits to capitalise on the location and solid customer base and
with an enthusiastic approach, expand the menu and the operating hours, and
days and seek out further market opportunities, including delivery as well as
exploring catering. Possibility to expand the menu offering to provide further
point of difference in the area.
**Weekly**
Turnover (inc GST) $28,075
Rent $3,323
Wages $9,793
Net Profit $4,510
