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MORNINGTON PENINSULA, ULTIMATE BEACHFRONT CAFE - IN GRO...

Business for Sale
VIC

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 •

Price $400,000

MORNINGTON PENINSULA, ULTIMATE BEACHFRONT CAFE - IN GROWTH REGION OF VICTORIA!

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
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

Contact Seller

Contact: Noel Currie

Bsale ID: 212561
Agent ID: 4735276




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