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Flinders Fully Licensed Cafe/Restaurant For Sale

Flinders, Victoria, Australia
Asking Price:
$230,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$800,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

This newly renovated licensed cafe on one of the Mornington Peninsula's popular coastal main street locations is a fantastic opportunity.

The venue features a 70s-themed modern stylish dining area, complemented by a central bar, service and coffee area, with a fully equipped commercial kitchen. Outside consists of a street front eye catching vine covered seated deck area, which can be enclosed for all-year-round use.
The venue is perfectly positioned on the busy main street, surrounded by boutique retail shops and a walking distance to the scenic park and foreshore.

The venue has had an extensive full makeover renovation, with new furnishings throughout and high grade commercial equipment fitted, the business boasts an exclusive dual 76 accommodation guest breakfast agreement, strong local support and a huge summer tourist season, this must see opportunity run under management, will not last long, enquire today.

Property Information

Real Estate:

Lease

Lease Terms:

one year into a 5x5x5 year lease

Leasehold Rent:

$85,000 (AUD) per annum

Location:

Flinders, 3929 Victoria

Premises Details:

120 seats, recently fully refurbished, Fully Licensed Restaurant/Cafe in the heart of Beautiful Flinders village

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

currently open for Breakfast and Lunch only . Expansion for Dinner potential.

Competition / Market:

One other cafe in Village, Georgie Bass is the sole provider of breakfast services to two hotels next door.

Reasons for selling:

Health reasons . One partner has suffer serious health issue .

Trading hours:

Mon -Sun 7am -3pm

Employees:
4
Years established:
1 year

Other Information

Support & training:

Happy to provide handover period to suit new owner

Furniture / Fixtures value:
$60,000 (AUD) - included in the asking price
Inventory / Stock value:
$6,000 (AUD)