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Restaurant In Mornington Peninsula For Sale

Mornington, Victoria, Australia
Asking Price:
$149,000 (AUD)
Sales Revenue:
$416,000 (AUD)
Cash Flow:
Available on request

Price:$149,000

Key Features:

- Solid 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.

Property Information

Real Estate:

Lease

Lease Terms:

6x4
Commencing 23 Nov 2018

Location:

Busy Main Road
Affluent Area
High Visible Corner location

Business Operation

Expansion Potential:

Potential to expand business

Reasons for selling:

Other business commitments

Trading hours:

7 Days:
Mon-Sun: 11:30am – 4:30pm : 5:30pm – 9:30pm

Employees:
1 Full Time Owners 1 Part time owner 1 Full Time Staff 4 Casual Staff as needed
Years established:
2 years as Restaurant, was a Cafe before

Other Information

Support & training:

Can be provided

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