Sold

Sydney NSW

Popular Café in Bondi– Sales are up on Last Year During – A Lockdown Winner

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.

Loading

Staff No

Lease Info

Trading Times

Size of Premises

Opportunity

Weekly Sales & Turnover

Coffee Sales Per (Kg)

Cost of Goods​

Wages

Other​

Net Profit​

Turnover (inc GST)

Gross Profit​

Rent

Total Expenses

Business Listed by

Paul Leach

Hospitality Consultant, Certified Exit Planning Advisor, Licensed Business Broker in NSW, SA, QLD, VIC @ GSE Hospitality Brokers

I grew up in the food business, my parents owned two very successful restaurants. I have fond memories of working alongside them from a very early age.

All through my school years I knew that I wanted to be a part of the hospitality industry and the day that I started at college could not come quickly enough. I spent three enjoyable years learning my trade and left college to join my parents in their second restaurant.

In 1992 my parents decided that the time was right for them to sell up and I felt it was also the right time for me to go out on my own.

In 1993 I opened my first Cafe called “Hogarth’s” and that is where it all began. Over the following 25 years, I built and sold nine food businesses. I loved every minute (well most of it) and learnt a lot about how the sale process works, I also learned some very valuable lessons.

I love the food industry and wanted to crack double digits and open shop number ten, unfortunately, the two things that I value the most in my life, my marriage and my health probably would not have lasted if I had done that so I called it a day

I always felt that there was a better way to sell cafes and food businesses and that is where the idea for GSE came from. My vision was to build a specialist firm of hospitality brokers that could make the sales process as straightforward as possible for the owners of hospitality businesses in Australia.

I am now using the experience I gained selling my own businesses as well as selling a lot of other people’s businesses to lead the team of very talented brokers at GSE.

I would love the opportunity to show you more about how the approach that GSE take can help you to sell your business for the price that you want and on your terms.

If you are looking for a specialist Hospitality Broker who has walked the walk and fully understands the industry and all of the nuances of the sales process then I would love to hear from you.

Request more Information about this business

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form