Profitable Kebab and Bakery Business in Dicky Beach

Description

Located on the bustling Dicky Beach Esplanade, this well-established kebab and bakery business offers a unique blend of bakery products, Vietnamese street food, and kebabs. Positioned near caravan parks and the main beach, the business benefits from strong 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, attracting both locals and tourists. Diverse Menu: Approved 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 efficient food preparation and storage. Solid Lease Terms: New 5 year lease starting 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 strong tourist traffic in the area. Staffing and Operations: Currently operated by 1 full time and 1 part time adult, plus 2 juniors, with wages around $3,500 per fortnight. Growth Potential: Opportunity to extend trading hours, introduce BYO service, and expand the menu into a full service Vietnamese restaurant or café. Limited local competition supports further growth potential. The business is well suited to a couple or hands on owner seeking to capitalise on strong tourist demand and expand operations. The current owners are willing to provide training and support to ensure a smooth transition.