Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Iconic Cocktail/sake Bar And Fusion Restaurant For Sale

Bondi Beach, South Africa
Asking Price:
R348,000
Sales Revenue:
R1.5M - R3M
Cash Flow:
R100K - R500K

Much more than a profitable business at an excellent location, there is something absolutely unique.

This iconic cocktail/sake bar and fusion restaurant is witnessing its 10th year of flourishing.

It distinguishes itself from the average by much more than occupying a great location that has been frequented by both the locals and all Eastern Sydneysiders.

We are talking about a trendy local icon, a stylish Asian-themed interior design, a laid-back vibe that entices and indulges all senses, a culinary experience from a tempting menu of Asian-inspired deliciousness Plus upbeat live music nights 3 times a week.

There is something unique to the business that the competitors can’t easily copy.

Financials:

Sales: ˜$36,000/wk
Profit: ˜$3,100/wk
Rent: ˜$6,000/wk
Wages: ˜$8,500/wk (including owner salary)
Utilities: ˜$550/wk

Property Information

Real Estate:

Lease

Lease Terms:

Expiry in November 2024; no annual increase in November 2021

Location:

Street-front location at a crossroads, situated at the ground floor of a residential building; opposite to a hotel, surrounded by other dwellings; walking distance to bus stops, a neighbourhood supermarket and a pharmacy, easily catching both the locals and tourists; new apartments being built just across the road in near future

Premises Details:

Approx. 210m² including kitchen and preparation area at 60m²; 150 seats indoors, 18 seats alfresco

Business Operation

Trading hours:

Monday-Wednesday 5 PM-11 PM, Thursday-Friday 5 PM -12 AM , Saturday 1 PM -12 AM, Sunday 1 PM -10 PM

Employees:
The owner manages the business but does not take shift in the restaurant; two FT chefs, one FT kitchen hand, and two PT chefs in the kitchen; two FT bartenders and one PT in the bar; 2-4 staff a day needed serving the floor

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Forward Business Sales and Acquisitions. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here