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Food, Beverage & Hospitality business for sale in Flinders

  • Food, Beverage & Hospitality
  • Shop 1, 52 Cook St Flinders VIC 3929
  • $150,000 (GST na)

Fabulous Flinders Seaside Trattoria

Heres a chance to secure a near perfect restaurant at a bargain price, located on a prominent corner of the main street in the beautiful seaside town of Flinders. Cook & Norman Trattoria draws its customers from all over Melbourne and the Mornington Peninsula. Set in a beautifully restored, light-filled heritage building, it comprises an informal trattoria Italian restaurant as well as a café/bakery on separate leases.

Flinders is well-known for its quality retail outlets and ever increasing property values (now higher than Portsea!) and this superb mid-range dining option caters for what Melburnians want relaxed, flexible and quality-focussed dining. With a compact menu and selective local and Italian wine list, homemade pasta, bread, patisserie and herbs from its own garden on the property, the owners have a consistent, loyal clientele throughout the whole year. Figures for this winter have exceeded all expectations and have been driven by the monthly food & wine dinners which have attracted a large following and are booked out a month ahead.

Seating around 60 in the restaurant and a further 45 in the café (ideal as a private dining room for events or large groups) plus another 20 seats al fresco (red line includes courtyard area), the premises provide many flexible dining options. The fully-fitted commercial kitchen comprises quality stoves, ovens, fridges, dishwashers etc. (all unencumbered) and comes with a fully-equipped pastry/bakery alcove and huge cool room. The restaurant bar area and café uses the Ordermate POS system which comes with 3 terminals and the Open Table reservations system, allowing online bookings and including a comprehensive customer database.

Other features include a garden shed on the property for storage of chemicals along with herb garden, extensive off-street parking and a liquor license in place for 365 days per year, from midday to 11pm. Restaurant opening hours are currently Thursday Sunday dinner and Saturday/Sunday lunch and the café trades Saturday and Sunday from 9am 4pm with the possibility of extended hours in summer. The business commenced in April 2015 and is trading profitably with a high turnover and a positive net profit, even after having invested over $200,000 in fitout and equipment. Rent is a total of $7,587 (approx.) per month ($4164 for the restaurant and $3423 for the café) with only three and a half years used of a 5 x 3 x 3 year lease.

So if it sounds like your cup of tea or latte to run an exciting business, while living and working by the sea, and to take long walks along Flinders Pier and enjoy the local Mornington Peninsula wineries and golf courses, then please contact Alan Maguire for an inspection of the premises and a chance to discuss the business with the owners.

Price: $150,000 + SAV

For enquiries and an inspection, with an opportunity to speak to the owners, please contact Alan Maguire, Maguires Real Estate, Mornington (0418 377 038).

Business Highlights

Business ID2015406789
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Last updated  28 Jun 2019
Map for Shop 1, 52 Cook St Flinders VIC 3929
Maguires Real Estate
9 Alfred Street Mornington VIC 3931

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