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Food, Beverage & Hospitality business for sale in Cowes

  • Food, Beverage & Hospitality
  • Cowes VIC 3922
  • $150,000 (GST na)

Restaurant - ST1113

This outstanding newly designed Restaurant with a local charm is located in the heart of Phillip Island commercial hub, which positively bustles during the holiday season.

About the business:

Unique Restaurant in the area, perceived by the locals and tourists for its great service, unique delicious food and homely atmosphere
So much room for growth and potential to trade in the nights, functions, deliveries
Takings $15,000pw summer and $8,000 pw winter and rapidly growing
Asking price is $150,000
Rent is only 777 per week
Open 6 days a week closed on Monday
Short operating hours of 4 hours daily: from 5pm 9pm
Open Bar with Liquor licence till 11pm
High net profit for the working owner
Excellent customer feedback on Google and alike websites
Spacious open space seating up to 140 customers, current set up is 80 seats
Large open kitchen layout. Large food preparation area and dishwashing station
Immaculate commercial kitchen, Fully equipped with multiple deep fryers, flat grills, oven,6 burner stovetop,6 under bench fridged, large exhaust canopy
Large walk-in cool room, freezers, fridges all included in the sale
Multiple parking spaces located at the front of the restaurant and surrounding streets
Earthy and relaxing interior with an open plan spacious seating arrangement
Out front seating catering for large groups, customers with pets and outdoor seating on popular summer days.
Extremely popular among the locals creating a huge demand
Seasonal menu catering for all eaters of the community
Why invest in Phillip Island?

Millions of tourists are attached throw-out the year visiting the iconic Penguin Parade and the Phillip Island Grand Prix Circuit Visitor Centre, experiencing the speed and excitement of the Superbike World Championship, the Australian Motorcycle Grand Prix, or one of the many motorsport events held throughout the year.

Lease :
Long Lease available of 3 years plus 3 years option

Map for Cowes VIC 3922
Map for Cowes VIC 3922Cowes VIC 3922
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1147 Glen Huntly Rd Glen Huntly VIC 3163
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