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Modern Cafe Beachfront In Dromana For Sale

Dromana, Victoria, Australia
Asking Price:
$299,000 (AUD)
Sales Revenue:
$990,000 (AUD)
Cash Flow:
Available on request

Vendor ready to retire! All offers will be looked at.

Location, Location, Location!!

Main road beachfront location in Dromana. The area is a very popular destination for holidaymakers. Located just opposite the beach with plenty of car parks at the front door, which provides plenty of parking for customers. Located just opposite a popular playground and pier, there is plenty of passing foot and vehicle traffic all year round.

The Cafe is modern and very well designed- there is no need for the new owner to spend any money on renovations and they can move right in and take over. A stunning European style, it is the perfect spot beachside, ideal for sunny brunches and lunches in the summer. There is capacity to sit approximately 32 at the front and 35 inside. The space lends itself well to function for all the local sports clubs and major events in families' lives.

Currently, the 2 owners work in the business along with 5-8 casual staff. Serving lots on the menu from sit down meals like steaks to takeaway chicken, burgers and souvlaki. Ice cream at the front door has lines around the corner in summer!

Trading 6 days in winter and 7 days in summer 11am till 8pm.

Sales were approximately just under $1M last year with rent of $6,075 per month incl. GST.

This is an easy business to run. Well suited as a family-owned business or a smart cafe operator to take advantage of this location.

Ref: B14569

Property Information

Real Estate:

Lease

Lease Terms:

4x4x4x4 commenced 2018 

Leasehold Rent:

$72,900 (AUD) per annum

Location:

Main road beachfront location in Dromana. Located just opposite a popular playground and pier, there is plenty of passing foot and vehicle traffic all year round.

Premises Details:

A stunning European style, it is the perfect spot beachside, ideal for sunny brunches and lunches in the summer. There is capacity to sit approximately 32 at the front and 35 inside.

Business Operation

Reasons for selling:

Retirement

Trading hours:

7 days:11am to 8pm. Closed on Sundays in the winter months.

Employees:
2 FT Owners, 5-8 Casual Staff
Years established:
23

Other Information

Support & training:

Easy business to run