This is a rare opportunity to acquire a trendy, cocktail bar restaurant within the thriving F&B hub of Cronulla. Renowned as one of the leading destination go-to bars in the Shire.
Key features:
- Creative menu based on colourful South American tapas-style street food with exquisite cocktails, craft beers, organic and biodynamic wines.
- Unparalleled position and brilliant exposure to foot traffic.
- Excellent combination seating across the 90 sqm site footprint. Includes internal space plus abundant alfresco seating on the street side strip.
- Sublime bar fit-out with modern functional kitchen.
- Business was established in Year 2021 and has amassed a large, loyal customer base.
-Lease term to August 2024 + 3yr option. Landlord flexible to negotiate additional arrangements based on application.
- Strong social media base and outstanding feedback from online review platforms
- Venue operates under an on-premises restaurant license
- Average sales circa $26K+ pw and up to $45K in peak season.
- Modest Rent $2,300 ex gst p.w incl out goings
- Venue is run with 1 full time owner manager and the rest of the staff as casuals for flexibility
- Currently operating 5 days
* Thursday- 5pm-10pm
* Friday- 4pm- 10pm
* Saturday- 12:30pm-10pm
* Sunday- 12:30pm- 9pm.
- Genuine reason for sale due to owners other work projects.
- All systems and processes, licenses, certificates and approvals in place to ensure bar is fully operational, compliant and expertly set up.
A truly rare & magnificent business overall, inviting expressions of interest from genuine investors, operators.
Business Potential
- Huge catering opportunities are untapped along with corporate function or venue-hire trade options.
- Potential to open for dinners Mon-Wednesday or with something different to offer patrons such as live music.
- Opportunity to expand reach through PR, Facebook, TikTok, regular email comms and promoted events
- Opportunity to support a variation in the current menu based on the owner's creative ambitions as the functional kitchen could easily adapt.
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-1320
or visit our Website www.abbabusinesssales.com.au and use the reference #1320 to search for the business.
Please note: A stock image has been used and does not reflect the actual business for sale.
Property Code: 1320
