Internal Ref: 4447
Summary
An opportunity to acquire a highly regarded bar and restaurant in one of Sydney's most sought-after coastal hospitality precincts. This established venue enjoys a strong reputat...
About the Business
An opportunity to acquire a highly regarded bar and restaurant in one of Sydney's most sought-after coastal hospitality precincts.
This established venue enjoys a strong reputation and loyal customer following, generating impressive trading volumes throughout the year with further potential for growth.
Key Highlights:
- Summer sales averaging approximately $46,000 per week including GST
- Winter sales averaging approximately $37,000 per week including GST
- Prime Bondi location attracting both local and visitor trade
- Liquor licence with indoor and outdoor dining
- Significant recent investment in fit-out, furnishings and commercial equipment
- Experienced management team overseeing daily operations
- Fully managed operation, with owners maintaining other professional commitments and limited involvement in daily operations
- Lease until November 2030, with two further five-year options
- Further opportunities to increase revenue and improve profitability
With substantial existing revenue, an established management structure and significant investment already made into the business, this represents an attractive opportunity for an investor or hospitality operator seeking a proven business with further upside.
Further information, including financials, is available to qualified purchasers upon signing a confidentiality agreement.
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