Popular Cafe and Restaurant in busy location – Bondi Junction

Price: $100,000 + SAV

Description

T/O: $5,000-$6,000 pw – $260,000 pa – Net profit: approx. $1,000/week

Bondi Junction must be one of the best places to buy a cafe with a non-stop flow of local, interstate and overseas customers. The Eclipse Cafe and Dining is in the heart of the Junction and regularly receives outstanding 4 and 5-star online reviews. The business also provides catering for the breakfast buffet for guests of the Quest Hotel directly opposite the cafe. This is for approx. 20-25 days per month. This is a source of great income to the business, with the Cafe’s menu also in all of the hotels guest rooms. Business highlights

  • Great location in commercial/residential area close to the station
  • Established for 11 months
  • Selling for less than fit-out cost – All the hard work has been done
  • T/O: $5,000-$6,000 pw – $260,000 pa – Net profit: approx. $1,000/week
  • Massive potential to increase turnover & attract extra business from Chinese or Asian market
  • Liquor License
  • Selection of dining options inspired by a mix of different cultures
  • Menu features dishes such as a magic Asia noodle salad, wasabi Benny, Picanha steak and more
  • Hot and cold drinks, with full bar, wine and cocktails
  • Extensive list of equipment included in the sale, including Commercial 3-door coolers and freezer, Commercial Sous Vide cooking machine, Commercial grill, Smokeless dual panel deep fryer plus Air Fryer, Acoustic system with speakers, POS system with iPad, Custom bench, bar storage cabinets and more
  • Client base includes locals, tourists and people from Instagram and Chinese app, TheFork
  • Sale includes website and social media accounts
  • Leasehold premises – Rent: $4,900 pm incl GST + outgoings
  • Trades 7 days a week
  • Hospitality experience would be a bonus but not essential
  • 1-2 weeks’ training period with new owner to ensure smooth handover
  • Current owner works in the business with 2 casuals – casual staff willing to stay on

The current owner is selling for personal reasons, having originally bought the business from a friend who moved overseas. With the owner wanting a quick sale, this would be an ideal investment for someone wanting to get into the food industry and be their own boss.

Price: $100,000 + SAV

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