Sold

Iconic Beach Cafe Restaurant - Southern Sydney | ID: 1298

A rare opportunity exists to acquire an exquisite beachside Cafe Restaurant that will reward the new owner with financial spoils and pride of ownership.

Located close to the shore of Sydney's magnificent Southern Coastline, it is also the perfect venue for wedding, engagement and other function events, as patrons experience beautiful coastline views combined with dining elegance.

Key Features Include :

Annual Sales circa AUD $1.8mil.

Generous new 15 year lease term to March 2039 encompassing 5+5+5 year options.

Modest rental $155K p.a + gst (equates to circa 9% of T/O and includes outgoings).    

Serving breakfast, brunch/lunch and high-quality coffee 7 days per week.

Long established business.

Beautifully appointed, modern fit-out and perfect natural light. 

Excellent combination seating across the site footprint for casual dining and cocktail functions.

Holds an on-premises liquor licence.

Opening for dinner is an option as per DA.

Abundance of street parking plus large garage parking area which can also be used for storage.

The current owner has operated the restaurant long term and is looking for a successor to leverage opportunities such as extending hours to dinner, ramping up promotions to further capture the wedding market, and driving higher function catering sales which is not actively pushed.  

A truly unique and magnificent business overall. The strong systems in place will ensure smooth transition. 

Inviting expressions of interest from genuine investors, operators. 

If you would like to know more about this business please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1298
or visit our Website www.abbabusinesssales.com.au and use the reference #1298 to search for the business.

Please note: A stock image has been used and does not reflect the actual business for sale.

Suburb Cronulla
Price SOLD
Property Type Business
Property ID 1298
Category Food/Hospitality, Food/Hospitality, Leisure/Entertainment

Quick Links

Agent Details

Eddie Spurr photo

Eddie Spurr

0417 251 015
View Profile

What our clients say

Eddie was very helpful with the sale of my business. It was quite a long drawn out sale, however he found a motivated buyer and helped us both jump through the hoops for the landlord. I would use Eddie...

Elliot Cryer

We recently had the pleasure of working with Saurab to purchase our business, and we couldn't be happier with the experience. From the very beginning, Saurab demonstrated exceptional professionalism and...

Manisha Vekaria

Where to start, I was very fortunate to be given Eddie Spurr's from the ABBA group's number from a former restauranter who had sold their business with him, after dealing with many arrogant brokers in...

Kim Camilleri

However with Geoff Harrison guiding me through the sale process the task became much easier. Geoff was able to plan the information required, compile it for any buyer and was the master of communication....

H.E. - Hawks Nest - Post Office & Newsagency

Geoff is the first business broker I have ever heard of who completes the transaction completely remotely and seamlessly. This was essential for my deal as it was done during Covid-19 time.   Negotiation...

Jeba Anbiah

As the Owner of One of Perth’s Leading Hairdressing Salon, I have had the pleasure of knowing Geoff Harrison for over 20 years in the Hairdressing Industry. Geoff was instrumental in introducing...

Tony Faranda