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**PRICE REDUCED** Thriving Café for Sale on the Mornington Peninsula!
Summary
An exceptional opportunity to acquire a well established and highly profitable café and fully licensed beer and wine bar in one of Melbourne's most sought after bayside suburbs.
Location Details
Perfectly positioned on prestigious Beach Road in Black Rock, directly opposite the waterfront, this business enjoys outstanding exposure, consistent local patronage, and a strong tourist following.
Potential
Operating successfully for over 23 years, this is a genuine retirement sale offering an incoming owner a proven, turnkey business with excellent profitability and significant future upside.
About the Business
• Fully licensed café, beer and wine bar
• Prime Beach Road location directly opposite the beach
• Established and successfully trading for over 23 years
• Annualised net profit of approximately $200,000 to $210,000
• New 6 year lease commencing in July
• Attractive rent of approximately $56,000 per annum including outgoings
• Rent represents less than 10% of annual turnover
• Fully staffed operation with experienced team remaining
• Comprehensive training and handover provided
• All plant and equipment owned outright
• No supplier contracts
• No finance liabilities
• Genuine retirement sale
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