'Business as usual': Boathouse mystery buyer revealed

Property developer brothers Ben and Jono Isaac have emerged as the new owners of Sydney's Boathouse Cafe group, in a syndicate which also includes former trade minister Andrew Robb and wife Maureen.

The syndicate stepped in to save the chain of popular seaside cafes after mounting debts and a wind-up action by the Australian Tax Office forced original owners Andrew and Pip Goldsmith, who is Mr Robb's daughter, to look for outside investors.The business includes the Boat House at Palm Beach, and other venues at Shelly Beach in Manly, Balmoral, Whale Beach and restaurants including Barrenjoey House at Palm Beach and the Patonga Hotel on the Central Coast.

Ben Isaac said the brothers would keep all existing employees on staff, and it would be "business as usual" with Mr and Mrs Goldsmith continuing to run the day-to-day operations at the cafes."The Boathouse Group employed over 500 people on the northern beaches and Central Coast and we are very excited to rehire such a high quality team and keep every venue open," Ben Isaac said.

His brother, Jono Isaac, said the pair and their families both lived locally and were passionate supporters of the business."We have enjoyed the Boathouse venues over the years and we wanted to ensure the community continued to experience what the Boathouse offered," Jono Isaac said.he was one of the new owners on Thursday morning.

Company documents attached to the company's holding group, Palm Group Holdings, reveal the Isaac brothers took ownership on July 22 in a syndicate which also includes accountant Jordan Kennedy, Tony Abbott-era trade minister Mr Robb and wife Maureen.

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