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Food, Beverage & Hospitality business for sale in North Bondi

  • Food, Beverage & Hospitality
  • North Bondi NSW 2026
  • $95,000 (GST na)

Profitable, Busy and Fully Licensed Bondi Business in a Fantastic Location

Summary
Popular North Bondi venue with PSA Liquor Licence. Great long term lease with options. Currently run fully under management. Partners are now selling to focus on their individual projects.

Revenue
$30,000 pw

Rent
$5,099 pw

Net Profit
$1,419 pw

Location Details
One of Sydneys busiest beaches, the world-famous Bondi Beach is located 8 km from the city centre.

Potential
Increase profit margins as a working owner/operator

Promote licensed venue for private events

Leverage social media platforms for marketing purposes

Hours
Mon Closed
Tues 510pm
Wed 9am10pm
Thu 9am11pm
Fri 9am11pm
Sat 8am11pm
Sun 8am10pm

Lease
Established 20/07/2017
5x5x5 lease with 3+ years in current term and approx' 13+ years remaining

Employees
12

Reason for Sale
The two partners are now fully focused on individual projects and no longer have time to oversee daily operations.

About the Business
ANNUAL TURNOVER $1,560,000 +

TYPE CAFE/BAR
AREA NORTH BONDI
WEEKLY TURNOVER $30,000+
WEEKLY PROFIT TO NON-WORKING OWNER $1,419
WEEKLY RENT $5,099
TRADING 6 DAYS
STAFF 12
SEATS 123

FOR SALE $95,000 + SAV
REQUEST FULL PROFILE
KEY STRENGTHS
Excellent North Bondi location

Excellent lease

PSA License (Primary Service Authorisation, may serve alcohol without food)

DA approved trading hours Monday -Sunday 7am-10pm

All new equipment

Established trade and notable reputation

Business Highlights

Business ID2016066191
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ParkingAsk Business Broker
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Category
Last updated  5 Mar 2020
Map for North Bondi NSW 2026
Map for North Bondi NSW 2026North Bondi NSW 2026
Prospertality
Suite 1a/644-646 Botany Rd Alexandria NSW 2015
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