Located on the bustling Dicky Beach Esplanade, this well-established kebab and bakery business offers a unique blend of bakery delights, Vietnamese street food, and kebabs. Positioned near caravan parks and the main beach, the business benefits from high foot traffic and a steady flow of tourists, particularly during peak season.
Key Highlights:
- Prime Location: Situated in the heart of Dicky Beach Esplanade with excellent visibility and access, drawing both locals and tourists.
- Diverse Menu: Permitted use includes a bakery and coffee shop with additional offerings such as Vietnamese street food, kebabs, and pies, catering to a wide range of customer preferences.
- Recent Renovations: The shop has been fully renovated to accommodate the kebab section and salad bar, with updated signage, tables, chairs, freezers, and fridges for optimal food storage and preparation.
- Solid Lease Terms: New 5-year lease starting from 01/07/2024 with an option for an additional 5 years. Base rent is $58,953.72 per annum (plus GST).
- Steady Income: Weekly sales range from $8,500 to $14,500, depending on the season, supported by the strong tourist presence in the area.
- Staffing and Operations: Currently managed by a team of 2 adults (1 full-time and 1 part-time) and 2 juniors, with wages around $3,500 per fortnight.
- Growth Potential: Significant opportunity to extend trading hours, introduce a BYO service, and expand the menu to operate as a full-service Vietnamese restaurant or café. With limited competition in the area, this presents a lucrative opportunity for a hands-on owner or couple.
The business is ideal for a couple looking to take advantage of the strong tourist base and expand the offering to maximize profits. The current owners are willing to provide training and support to ensure a smooth transition.
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