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Restaurant And Cafe Business Mornington Peninsula In Rosebud For Sale

Rosebud, Victoria, Australia
Asking Price:
$250K - $500K (AUD)
Sales Revenue:
$1,144,000 (AUD)
Cash Flow:
Not applicable

Busy cafe/restaurant with a large premises and excellent high exposure, corner location in the busy Rosebud foreshore on the Mornington Peninsula.

Right by the pier and foreshore playground, 2 big attractions in the area, this restaurant enjoys large amounts of foot traffic year-round. There is plenty of parking for customers in a large parking area in front of the restaurant.

This attractive restaurant with a Mediterranean vibe and alfresco dining has ample seating capacity both inside and outside. There is seating for 80 inside, with seating for 30 in a courtyard and a further 20 outside. It has a well-equipped commercial kitchen and a big storeroom. The large premises makes this restaurant very popular for functions. Fully licensed until 11pm.

Open for breakfast, lunch, and dinner serving Mediterranean fare and cafe style menu with a selection of delicious cakes and desserts. Serving 25kg of coffee per week.

Trading 7 Days: Monday - Thursday & Sundays, 6:30 am–4 pm, and a later trade for Friday & Saturday closing at 9:30 pm

The owner works in the restaurant with 1 full-time chef and 8 casual staff.

Perfect investment opportunity, as you do not need cooking experience as the restaurant has a full-time chef.

Turning over an average of approx. $22,000 per week. Rent is $6,190 pcm incl GST with a secure lease of 5x5x5 which commenced in December 2020 in place.

This well set up, bright and vibrant cafe/restaurant is well worth an inspection.

For more information and to organise an inspection please contact Chris Panagiotidis or Elle Likopoulos

Property Information

Real Estate:

Lease

Lease Terms:

5x5x5 Commenced 20/12/2020

Location:

Busy cafe/restaurant with a large premises and excellent high exposure, corner location in the busy Rosebud foreshore on the Mornington Peninsula.

Business Operation

Reasons for selling:

Personal

Trading hours:

7 Days: Mon - Thur & Sun, 6:30 am–4 pm; Fri & Sat 6:30 am–9:30 pm

Employees:
1 FT Owner, 1 FT Chef, 8 Casual Staff
Years established:
6