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Successful Local Restaurant In Mornington Peninsula For Sale

Mornington Peninsula, Victoria, Australia
Asking Price:
$500K - $1M (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Not applicable

We are selling our successful 4 year old business. We have a great community standing and our food is well known and loved. We have worked very hard creating the ideal casual menu for a steakhouse with other american offerings.
Our reputation is fantastic and we have a great crew also.
We normally do over 500pax a week and sometimes more!.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5 x 5 lease

Leasehold Rent:

$108,880 (AUD) per annum

Location:

Main Street frontage

Premises Details:

210sqm

Size in square feet:
210sqm

Business Operation

Expansion Potential:

Franchising, bigger store, wedding catering, corporate catering.

Competition / Market:

Cheeky squire, different food but a bigger venue to us.

Reasons for selling:

We have decided to travel overseas and can't do it while owning two businesses.

Trading hours:

Monday to Friday 4pm-late
Sat Sunday 11am- late

Employees:
18
Years established:
3

Other Information

Support & training:

we can train you and support you for 15 days to get you confident in running the place.

Furniture / Fixtures value:
$90,000 (AUD) - included in the asking price
Inventory / Stock value:
$30,000 (AUD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

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