Popular Café in Bondi– Sales are up on Last Year During – A Lockdown Winner
$120,000
Description
This café is in a prime sunny corner location on Bondi Road and is well established. The location and consistent year round support from regular locals has help this business to continue trading well during the lockdown restrictions.
Although there is an increase in business during the summer months this café is not reliant on tourist trade and has built up a loyal following from local businesses and residents.
Transformed by the current owners into a bright café it has built a great sense of community to its growing local crowd. The South Bondi area was in need of a good café serving amazing coffee and food and this business has delivered.
Currently serving approx. 25kg coffee per week.
The space has 30 indoor seats and 12 approved outdoor seats and is also approved for evening trade until 10pm including a current on premises liquor licence. In a strip of Bondi Road which is currently booming with evening trade with the likes of Merivale owned Royal Hotel and Totti’s restaurant amongst many other small restaurant/bar operators.
There is a great potential here to break in to the evening market.
Above the café are 3 rooms which are all currently leased for business use and is a 40% offset for your rent.
Current owners are looking to move on to their next adventure which includes expanding the family and moving up north to a sunny warmer location.
Members only
Staff No
6 staff plus 2 owners working in the business. 2 chefs, 1 kitchen hand, 1 barista and 2 waitresses.
Lease Info
5 Year lease with fixed 3% annual increases. 4 years remaining on lease term. 3 months security bond required
Trading Times
Mon – Sun 7:00am to 3.00pm
Size of Premises
Full commercial kitchen. Outdoor seating area. Liquor Licence. Approved evening trade. 40% Rent offset with 3 leased rooms upstairs.
Opportunity
Grow the business to open in the evenings capturing the growing evening trade on Bondi Road.