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Iconic Bondi Cafe –Sunny North Facing Corner Location For Sale

Bondi, New South Wales, Australia
Asking Price:
$450,000 (AUD)
Sales Revenue:
$1,573,000 (AUD)
Cash Flow:
$4,247 (AUD)

This well-known cafe which has been established for four years with a loyal clientele and is only a short stroll to the sands of Bondi Beach situated near seven ways. The cafe offers farm to plate food options with fresh seasonal produce.

Breakfast and lunch are served in this cafe and its made to order menu is simple and fresh. The menu includes a mixture of Australian breakfasts and lunch classics with their own twist.

The cafe has ample seating for customers both inside and out to accommodate the high volume of takeaway and dine in customers set on a busy corner with high traffic areas. The pleasant outdoor seating offers a secluded escape from the hustle and bustle of Bondi.

Staff No
The business is currently run by a manager and 16 casuals.

Lease Info
The 5 x 5 x 5-year lease commenced in March 2018, 3% increases , A six-month bond is required.

Trading Times
7 days - Mon - Sun 7.00 a.m. to 3.00 p.m.

Size of Premises
Approx. 110 square metres. - Toilet, Full commercial kitchen and storeroom. Hot and cold food preparation areas along with separate wash up. Outdoor seating area 28 seats.

Opportunity
Extend the trading hours, operate as a restaurant in the evenings utilising the liquor license that's waiting final approval. Establish a catering side of the business. The current owner is not working in the business and a more present owner/operator would see an immediate improvement in sales and profit.

**Weekly**
Turnover (inc GST) $30,250
Rent $2,289
Wages $9,650
Net Profit​ $4,247

Property Information

Real Estate:

Lease

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