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Restaurants For Sale in Mornington Peninsula Melbourne VIC

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Restaurant For Sale In Mornington Peninsula

Location:Mornington Peninsula, Melbourne, Victoria

Category:Restaurant, Food, Cafe and Coffee Shop

Asking Price:$199,000

199000

  • Sales revenue : $8,000 p/w
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Restaurant For Sale In Mornington Peninsula
  • Restaurant For Sale In Mornington Peninsula
  • Restaurant For Sale In Mornington Peninsula

Business description

Key Features:

- Solid and growing Takings

- Rent is $5135 pcm + GST

- Lease of 6x4 - till 2028

- 60 + seating capacity inside and out

- BYO Liquor License

- High visibility corner location

- Ample parking around

- High Foot Traffic

- Large bi-fold windows opening to the large footpath area

- Full commercial kitchen

- Walk in Cool room

- Steamer, deep fryer, stove, large 7.2m extraction, 4 Wok Station and much more

- $250k setup – Great deal

This amazing restaurant was renovated early 2019 so it looks like a million dollars. Unfortunately, the current owners have over committed themselves with too many business ventures and now reluctantly want us to put this Gem on the market. It is located on a high visibility corner with large front exposure, a prime location for this growing up market area.

Lots of opportunity to grow: Current vendors do not do any delivery service and do minimal social media and other advertising.

This is awesome opportunity for any entrepreneurial operator to take this beauty to the next level from the already decent figures it makes.

To find out more about this awesome Restaurant for Sale, CALL Phil Booysen NOW on [Phone Number Censored]

Other Information

  • Is Business Relocatable?: no
  • Is Business Home Based?: no
  • Real Estate: Busy Main Road Affluent Area High Visible Corner location
  • Expansion: Potential to expand business
  • Years Established: 1 year as Restaurant, was a Cafe before
  • Employees: 1 Full Time Owners 1 Part time owner 1 Full Time Staff 4 Casual Staff as needed
  • Trading Hours: 7 Days: Mon-Sun: 11:30am – 4:30pm : 5:30pm – 9:30pm
  • Support Training: Can be provided
  • Reason For Selling: Other business commitments
  • Lease Terms: 6x4 Commencing 23 Nov 2018
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