This iconic bar restaurant is a long-time mainstay of the Bondi Beach hospitality scene. Located close to Bondi Beach this business would suit a hospitality professional who is looking for an established business with solid returns and a long-established brand.
-Approx $40k per week turnover
-Strong kitchen and FOH teams
-Flexible menu and high-end cocktails
-Well known 200sqm restaurant in an iconic setting
-Huge foot traffic and a mainstay with locals and tourists
-Growth potential through extension of trading hours to all day dining
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
