Restaurant in Tourist Hot Spot Mornington Peninsula

Stunning beachside restaurant, offering a touch of elegance for events of all sizes. The business is located in a popular tourist spot, exposing it to high rates of traffic all year round.

Charming Mediterranean-style restaurant with a vibrant and relaxed atmosphere. The business is fully fitted, including a full commercial kitchen and ample seating for 150 inside and 200 outside.

*Solid financials with $3,172,000 annual takings and $450,000 net profit. Currently *averaging $69,480 per week
*5+5 years lease commenced in March 2023, providing long-term stability
*Spacious premises with 2 separate bars, 2 large walk-in cool rooms and separate areas indoors and outdoors for private functions
*Located directly opposite stunning beachside tourist spot
*Potential for further growth through enhanced marketing and targeted ads

Ready for an active owner-operator who can harness the business’s unique advantages and open more profit opportunities – priced at $1,700,000.

Contact Nick Kolaitis for more information.

Listing ID: ME03175
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: [email protected]