Iconic Beach Cafe Restaurant - Southern Sydney | ID: 1298

Cronulla NSW
Asking Price EOI above $950,000
About
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.xxxxx-forms/ca-form-1298
or visit our Website www.xxxxx 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.

Property Code: 1298
        
Ref Num: abba_51_549
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