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Business Details

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
 

$ 400,000.00
Contact Information
Contact Noel Currie
418741814
Mornington Peninsula, Victoria, Australia
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