Established Locals Cafe in Mornington for Sale - $9K Weekly

Today, 2:06pm

Location:
Mornington 3931 > Melbourne - Greater > Victoria

Investment level:
$165,000

Type:
Business

Industry:
Food & Drink > Coffee, Cafes & Restaurants

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Contact

Jennifer Angsiting
 

Internal Ref: 660352

Summary

$9K weekly, 13kg of coffee, no chef needed. The only cafe on the street.

About the Business

Established Locals Cafe in Mornington for Sale - $9K Weekly
$9K weekly, 13kg of coffee, no chef needed. The only cafe on the street.

THE OPPORTUNITY
This is the only cafe on its street, in a heavily populated residential pocket of Mornington and not reliant on seasonal tourist traffic. It has traded for over 12 years with the same owners, with average weekly sales of around $9,000 and 13+ kilos of coffee sold each week. It has a fully fitted commercial kitchen, indoor and outdoor dining and ample customer parking, and its daytime-only hours are easy to manage. The vendors are a mother and daughter team. The mother is retiring and the daughter is returning to her teaching career.

KEY FEATURES
- Well-established cafe with a loyal local following, trading for 12.5 years
- Menu specifically designed so that no chef is required
- Fully fitted, separate commercial kitchen with a large cool room
- Indoor and outdoor dining areas
Great street exposure and ample parking for customers
- Daytime-only trading, 7:45am-2:30pm weekdays and 8:00am-1:30pm Saturday, with no evening shifts
- Five casual staff happy to stay on with a new owner
- Vendors available to assist with handover and transition
- Rent of $37,338 per annum, with 6 years remaining on the lease plus 3x3 year options
- Vendor-stated net profit of $71,774 per annum, with the two part-time working owners' wages included
- Owners willing to offer a trial period

All enquiries handled in strict confidence. Contact the exclusive agent today.

MERCURY SELLING AGENT
Jennifer Angsiting
Mobile: 0412 223 047
Email: [email protected]
Office: 1300 737 961

DISCLAIMER:
Mercury Business Sales and Valuation and/or their agents, for themselves and for the vendor of this business for whom they act give notice that (i) All information given in relation to this business, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment Mercury Business Sales and Valuation has any authority to make or give any representation or warranty.
PLEASE NOTE: Any images relating to this business are indicative only
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