Australian Business Sales Corp Pty Ltd Phone : 1300 72 ****
Noel Currie
04187 ****




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

Listing Id : 257766

Location : Victoria

Category : Cafe and Coffee Shop, Food

Asking Price : 400,000

Business description

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 **** **** 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


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