Profitable takeaway restaurant in growing industrial area

6 days ago

Private Seller

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Summary

A well-established and profitable takeaway restaurant, with short hours and a regular customer base. The perfect little family business situated in the coastal region of the Mornington Peninsula.

Revenue

$10,000 pw

Location Details

This business is located in the Mornington Peninsula region, within a growing industrial zone, surrounded by other businesses.

Potential

Great potential to grow the business by:
- Increasing marketing efforts
- Introducing an outdoor seating area and/or coffee window
- Providing catering services to local area
- Updating the fitout to make it more modern

Skills

No specific skills required. Anyone can learn to run this business. Owners are happy to provide training during handover period.

Hours

5 days a week. Monday to Friday, 6am to 2pm.

Lease

Low rent. 3x3x3 terms.

Employees

3 full time staff. Owners no longer work in the business.

Reason for Sale

The owners have moved away from the area.

About the Business

This profitable and fully-equipped takeaway restaurant is the perfect little family business and includes everything you need to just step right in and take the reins.

Located in a growing industrial zone surrounded by other businesses such as mechanics, distilleries and breweries, earthworks, and VicRoads, there's no shortage of customers.

Breakfast service includes everyday favourites: Coffee, brekkie rolls, wraps, hashbrowns, and toasted sandwiches. With a sandwich bar supplied with fresh bread from the local Red Hill Bakery, the lunch menu includes fresh rolls and sandwiches, wraps, burgers, roast days on Tuesdays & Thursdays (very popular) and meatloaf every other day, which regular customers love and have come to expect. Not to mention the delicious donuts and freshly baked muffins.

The premises is fully fitted-out with:
- Brand new coffee machine and grinder
- Recently replaced grill
- Newly installed commercial dishwasher and sink
- Two fryers, bain marie and sandwich bar
- A large cool room
- Two upright freezers, milk fridge and bar fridge

While there's currently no seating, there's opportunity to extend the business and create an outdoor serviced area.

With an average revenue of $10k per week and very low rent, the current owners have enjoyed great work-life balance, only working during the operating hours of the business. It is now managed almost entirely by staff. By taking over as owner-operators, there is potential to reduce payroll costs.

Situated in the thriving Mornington Peninsula region means you're surrounded by great produce and suppliers, and an opportunity to really support and embed yourself in the local community.

History

This is a well-established business that has been in the area since the 80s. It has a strong and regular customer base from the surrounding businesses and is a part of the local community.

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