Bars Nightclubs - Eastern Suburbs

15 days ago

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Internal Ref: SF1451

Summary

SBX Business Code: SF1451 - Bar - Restaurant - Takeaway - Cafe Eastern Suburbs Popular beachside bar / restaurant in the bondi area lots of potential for cafe in the day.

Rent

$342,680 pa

Net Profit

$322,296 pa

Location Details

Close to an iconic beach and next to a popular hotel on a busy street and surrounded by residential and tourists in the Eastern Suburbs.

Potential

Could open during the day - Add live music on more days - Introduce more functions and tasting dinners - Promote coffee and open during the day as a cafe especially on the weekends as this is a big opportunity.

Hours

7 days - Mon. - Wed. - 5 p.m. till 11 a.m,. - Thurs. and Sat. - 1 p.m. till 12 a.m. - Sun. - 7

Lease

Current lease expires Feb. 2020 + 5 year option - C.P.I. increases - currently a 4 month bond

Employees

1 owner + 3 fulltimers + 13 casuals

About the Business

Bar - Restaurant - Takeaway - Cafe - Eastern Suburbs

SBX Business Code: SF1451
Bar - Restaurant - Takeaway serving Asian tapas and street food including tempura, dumplings, pork buns, gyozas, buffalo wings, satay, salads, sushi and sashimi, pork belly sliders, chilli chicken, desserts. - Fully licensed with beer on tap, wines, sake and spirits and cocktails - Full kitchen with cool room - Wifi - Air conditioned - 150 seats inside and 18 outside. - Two shops in one (bar and restaurant).

Potential
Could open during the day - Add live music on more days - Introduce more functions and tasting dinners - Promote coffee and open during the day as a cafe especially on the weekends as this is a big opportunity.

Features
Great location - Fantastic atmosphere and vibe - Home delivery - Close to a very popular hotel - Nothing to spend - Local beach side Icon

Premises
Modern and upbeat bar / restaurant with exposed brick walls, good open to the street exposure, storage, toilets with an area of 194m2

Location
Close to an iconic beach and next to a popular hotel on a busy street and surrounded by residential and tourists in the Eastern Suburbs.

Trading Hours
7 days - Mon. - Wed. - 5 p.m. till 11 a.m,. - Thurs. and Sat. - 1 p.m. till 12 a.m. - Sun. - 7 a.m. till 10 p.m.

Lease
Current lease expires Feb. 2020 + 5 year option - C.P.I. increases - currently a 4 month bond

Employees
1 owner + 3 fulltimers + 13 casuals

Comments
Misc.- 1 - Other general expenses and GST. - Misc.- 2 - Storage costs and outdoor seating . - Sales shown are a yearly average per week. - Sales are much higher over the summer months - Huge opportunity to open for breakfast and coffee on Fridays to Sundays. -

SBX Business Code: SF1451

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