Lama Lounge - Turnkey Family Cafe/Restaurant for Sale in Cowes, Phillip Island

19 days ago

Private Seller

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Summary

Price: $50,000 AUD ONO Location: Cowes, Phillip Island – Right next door to Phillip Island Family Resort Opportunity of a Lifetime for Families & Investors! This fitted-out large family cafe

Revenue

$130,000 pa

Rent

$40,000 pa

Net Profit

$70,000 pa

Location Details

2185 Phillip Island Road Cowes
Located on a Family Resort on the main road to Cowes

Potential

Lama Lounge has only been temporarily closed and successfully traded as recently as one month ago
Prime Location & Massive Growth Potential
Potential for corporate or wedding events, kids' indoor playground
High-visibility position next to the main road leading into Cowes
Large indoor kids play area – perfect for family dining (a massive drawcard for parents).
bar –
Seating for 90+ customers indoors.
Large outdoor front garden – kids can play while parents relax.
Undercover patio with extra seating – great for all-weather dining.

Skills

Hospitality skills, cooking, making coffees, or turn it into full on restaurant, get licenced for alcohol, wedding venue.

Hours

Currently its closed, so up to new owners to decide

Lease

NEw Lease will be put in place at current tenants expense

Employees

0

Reason for Sale

We own multiple businesses and we need to keep our focus on other groth project. We started this one, because it was just sitting empty. We decked it out, but now someone else can reap the rewards and create a thriving venue.

About the Business

Price: $65,000 AUD ONO
Location: Cowes, Phillip Island – Right next door to Phillip Island Family Resort and Wildlife park.
Opportunity of a Lifetime for Families & Investors!
This beautifully fitted-out large family cafe/restaurant is now available for immediate sale due to the owners’ other commitments.
Lama Lounge has only been temporarily closed and successfully traded as recently as one month ago – it is essentially ready to reopen tomorrow!
Prime Location & Massive Growth Potential
Directly next door to Phillip Island Family Resort (constant foot traffic from families, holidaymakers & weekend visitors).
Potential for corporate or wedding events, kids' indoor playground
High-visibility position next to the main road leading into Cowes
Free marketing through a large property management company in over 100+ rentals
Key Features
Professional commercial kitchen – fully equipped and ready to go with cool room
Large indoor kids play area – perfect for family dining (a massive drawcard for parents).
bar – (Not Licenced at the moment, but used to be)
Seating for 90+ customers indoors.
Large outdoor front garden – kids can play while parents relax.
Undercover patio with extra seating – great for all-weather dining.
The venue is modern, bright, and purpose-built for families. It comes with all rights to the name “Lama Lounge” plus all existing social media accounts and links – instant brand and online presence included.
Sale Details
Sale price: $80,000 AUD
Owners have invested more than $90,000 into the fit-out and equipment.
Rent is negotiable –
New lease will be put in place for the successful buyer at sellers expense
This is a genuine opportunity to take over a ready-to-trade, family-focused venue in one of Phillip Island’s best locations at a fraction of the setup cost.
For more information or to arrange a site inspection, please email:
[email protected]
Serious enquiries only. Stock and equipment list available upon request.
Don’t miss this rare chance to own a thriving family destination business in the heart of Phillip Island’s growing family and tourism precinct!
Lama Louge – Where families come to play, eat & relax.

History

Used to be Burger and Fries family restaurant. Then it turned into a restaurant called Citrus and Vine, then it was empty for 3 years, we took a commercial lease for the entire place, we still keep the accomodation side of things but we rather see this place open again, then being closed, hence the cheap sales price and low rent.

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