Skip to main content

Food, Beverage & Hospitality business for sale in Mornington

  • Food, Beverage & Hospitality
  • Mornington VIC 3931
  • $400,000 (GST na)

Ref: 621 Beachfront Cafe

Business Details
BUSINESS
• Recently renovated
• Enormous potential for growth
• Serving top quality Ice cream, coffee and lunches /dinners
• Established over 10 years
• Current owners 12 months
LOCATION
• Beachside suburb ,Mornington Peninsula
• Region has a busy, commercial, retail strip
• Major Growth area
• Currently growing housing markets (+12% growth)
• Increasing popularity for families
• Great schools and family facilities nearby
• Directly faces the busy beach front
• Attracting daily beach goers
LEASEHOLD
• This lovely friendly café seats 55 patrons including Alfresco
• Been trading at 15% growth during the busy summer peak
• Currently open 7 days
• Opportunity for a License
• Full commercial top-quality kitchen included
• Business currently owned and operated by Local Family
• Long lease (11 years remaining including options)
FINANCIALS
• Annual turnover (prior to renovation and peak summer period)
• $900k and growing
• Excellent time to take advantage of the new fit out and growing area
• Suit family or Overseas buyer under the 188 Visa category.
• Plan and Equipment approx. $70,000

This is an opportunity to live the Australian dream!
ASKING ONLY $400,000 plus Stock

Price: $ 400,000.00
Contact Information
Contact Noel Currie
Phone: 418741814
Location: Mornington Peninsula, Victoria, Australia
Price: Upon application
Stock Value: Upon application
Net Profit: Upon application
Turnover: Upon application

Business Highlights

Business ID2015249501
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 May 2019
Map for Mornington VIC 3931
International Business & Introduction Brokers/Agents(INBIB)
13 Lowestoft Avenue Berriedale TAS 7011

Ask Jade Reid about this business

By sending this message, you agree to our Privacy Policy.

CallEmail