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**PRICE REDUCED** Thriving Café for Sale on the Mornington Peninsula!
Internal Ref: B15083
Summary
An outstanding opportunity to acquire a long-established bakery and cafe positioned in a high-exposure location directly adjacent to a major supermarket within a busy neighbourhood shopping centre.
Revenue
$1,040,000 pa
Rent
$93,156 pa
Lease
5 years commenced 1/8/2024
About the Business
An outstanding opportunity to acquire a long-established bakery and cafe positioned in a high-exposure location directly adjacent to a major supermarket within a busy neighbourhood shopping centre.
Operating successfully for approximately 30 years and under the same ownership for the past decade, this business has built a loyal customer base and strong reputation within the local community. Renowned for its popular Vietnamese rolls, fresh bakery products and cafe offerings, the business enjoys consistent trade throughout the week.
Key Features:
• Taking approximately $20,000 per week
• Prime position next to a major supermarket
• Excellent frontage with strong customer visibility
• Seating for 12–14 customers indoors
• Ample customer parking available
• Walk-in coolroom and quality equipment included
• Estimated equipment value of $100,000
• Estimated stock value of $20,000
• Secure lease commenced August 2024 with long tenure remaining
• Well-established operation with 30 years trading history
• Open 7 days per week from 6:00am to 6:00pm
• Popular Vietnamese rolls with a strong local following
The business is currently operated by two full-time owners supported by an experienced team, providing an ideal opportunity for an owner-operator, family partnership or hospitality group looking to expand their portfolio.
The owners are retiring, creating an opportunity to take over a well-established business in a tightly held shopping centre location with a loyal customer base and strong community presence.
For more information or to arrange an inspection, please contact:
Chris Panagiotidis
Absolute Business Brokers
M: 0433 582 533
E: [email protected]
Ref: B15083
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