Modern Coastal Bar/dining Venue, Under Management, Cronulla | Id: 1420
Cronulla, New South Wales 2230
$800,000
Key Features
AI generated. Contact seller to confirm.
- Prime corner position with ocean and park views
- Revenue circa $1.7M p.a with growth potential
- Impressive 20-year lease remaining to Dec 2045
- Rent $21,600 per month plus GST and outgoings
- 198 sqm venue, 136 sqm internal adaptable layout
- Fully licensed until 11:30pm seven days a week
- Turnover: $1,700,000 p.a
- Net Profit: Not disclosed
- Rent/Lease: Rent $21,600 per month + GST; Outgoings $7,300 per quarter; Lease 20 years remaining to Dec 2045 (4 x 5-year options)
- Stock Value: Not disclosed
- Established: 2005
Business Details
Business Category Alcohol Liquor Shop Restaurant
This is a rare opportunity to acquire a modern, on trend licensed bar and dining venue, perfectly positioned in the heart of Cronulla’s desirable beachside precinct.
Established in 2005, this renowned hospitality venue has cultivated a loyal and diverse customer base, attracting locals, tourists, and private event clientele with its elevated cocktails, ocean views, bistro inspired food and intimate, laid back atmosphere. The venue is impeccably maintained, fully operational, requiring no further investment or relaunch.
Spanning 198 sqm, the venue currently trades 4 evenings per week (7 days through the Summer) under an On Premises Licence and features a versatile layout suitable for private functions, casual dining and late night drinks. Backed by an experienced team and strong online presence, the business is primed for growth.
Key Features:
- Prime, corner position on Cronulla Beach featuring ocean and park views, high visibility and strong foot traffic.
- Revenue circa $1,700,000 p.a with untapped potential to increase as venue currently trades only 4 days from 12pm - late (Thurs to Sun).
- Impressive 20 year lease remaining, via 4 x 5 year options - Jan 2026 to Dec 2045.
- Rent: $21,600 per month + GST, outgoings $7.3K per quarter.
- Established in 2005 with strong local following and brand presence.
- Custom designed fit-out with full commercial kitchen and bar.
- On Premises Liquor License: 8:am to 11:30pm 7 days (Sundays to 10:30pm).
- 136 sqm internal layout (198 Inc. Outside), adaptable for events, dining, or bar service.
- Meticulous upgrades - new double pizza oven and pizza kitchen, cool room, POS keg/taps, heating, flooring, painting.
- Staffed by 1 full-time FOH Manager, 2 part time chefs plus casual employees.
- Strong word-of-mouth and digital presence with excellent online reviews.
- Fully licensed, compliant and operational. No reinvestment required.
Potential:
- Introduce breakfast/lunch to tap into strong local café culture.
- Extend trade to additional evenings.
- Benefit from major area developments including Vue project and Cronulla Mall upgrade.
- Increase private functions and event revenue.
- Excellent scope for owner-operator to drive profit and growth.
If you would like to know more about this business, please complete our online confidentiality agreement here: XXXXXXXXXX
or visit our website at XXXXXXXXXX and use the reference #1420 to search for the business.
Please note: Stock images may be used and do not always reflect the actual business for sale.
Property Code: 1420
Established in 2005, this renowned hospitality venue has cultivated a loyal and diverse customer base, attracting locals, tourists, and private event clientele with its elevated cocktails, ocean views, bistro inspired food and intimate, laid back atmosphere. The venue is impeccably maintained, fully operational, requiring no further investment or relaunch.
Spanning 198 sqm, the venue currently trades 4 evenings per week (7 days through the Summer) under an On Premises Licence and features a versatile layout suitable for private functions, casual dining and late night drinks. Backed by an experienced team and strong online presence, the business is primed for growth.
Key Features:
- Prime, corner position on Cronulla Beach featuring ocean and park views, high visibility and strong foot traffic.
- Revenue circa $1,700,000 p.a with untapped potential to increase as venue currently trades only 4 days from 12pm - late (Thurs to Sun).
- Impressive 20 year lease remaining, via 4 x 5 year options - Jan 2026 to Dec 2045.
- Rent: $21,600 per month + GST, outgoings $7.3K per quarter.
- Established in 2005 with strong local following and brand presence.
- Custom designed fit-out with full commercial kitchen and bar.
- On Premises Liquor License: 8:am to 11:30pm 7 days (Sundays to 10:30pm).
- 136 sqm internal layout (198 Inc. Outside), adaptable for events, dining, or bar service.
- Meticulous upgrades - new double pizza oven and pizza kitchen, cool room, POS keg/taps, heating, flooring, painting.
- Staffed by 1 full-time FOH Manager, 2 part time chefs plus casual employees.
- Strong word-of-mouth and digital presence with excellent online reviews.
- Fully licensed, compliant and operational. No reinvestment required.
Potential:
- Introduce breakfast/lunch to tap into strong local café culture.
- Extend trade to additional evenings.
- Benefit from major area developments including Vue project and Cronulla Mall upgrade.
- Increase private functions and event revenue.
- Excellent scope for owner-operator to drive profit and growth.
If you would like to know more about this business, please complete our online confidentiality agreement here: XXXXXXXXXX
or visit our website at XXXXXXXXXX and use the reference #1420 to search for the business.
Please note: Stock images may be used and do not always reflect the actual business for sale.
Property Code: 1420
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