Cafe, Restaurant, Bar Business For Sale Gippsland

This is a beautiful, welcoming, cosy cafe, restaurant and bar business located in the popular seaside town of Inverloch – which is a favourite holiday spot attracting water sport enthusiasts during the summer months. However, the surrounding walks and drives make the village a popular year-round destination.

 

This café/restaurant has risen to the challenge and made necessary changes to thrive in these challenging times.  Now trading for takeaways from Wednesday to Sunday from 11am to 8pm, with an all day burger menu as well as pizza and pasta in the evenings.  Vendor has also obtained a takeaway liquor licence and does delivery.

 

Since recent Covid 19 restrictions business has increased takings of $11,000 pw turnover with reduced hours. Rent is $1,061 per week including GST for a large premises with lease of 3x3x3 commenced December 2017.

 

Before Covid 19 restrictions, this cafe was very popular with holiday makers as well as locals.

Offering breakfast, brunch and lunch as well as delectable fresh baked goods and pizza. This cafe also has a beer garden and is popular for small to medium functions. Owners also organised special nights with live music or other entertainment.

 

Large premises with seating capacity of 70 inside and 8 outside on the footpath. As well as a courtyard/beer garden with seating for 60. Fully Licensed to 11pm, the redline includes the courtyard.

 

Was run under management with 1 full time employee and up to 22 casual staff, as needed in the busy summer season. Vendor only worked part time.

 

Excellent opportunity for those looking for secondary income or someone who has recently lost their job to secure an income with a very low level of investment. When better days come back investor will benefit on huge growth and return for low sale price.

 

For more information and to arrange an inspection, contact Chris Panagiotidis 0433 582 533 or Elle Likopoulos on 9566 7300.

Ref: B13788

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportCan be run under management

Reason for SellingPersonal

Location City: InverlochState: Victoria Category Bar/Nightclubs
Cafe
Restaurant/Food Service

Weekly Revenue$11,000 Monthly RevenueN/A Annual RevenueN/A

Contact PersonChris Panagiotidis Price$Make Any Offer Year Established2015

Phone0395667300 Cashflow$N/A EmployeesUnder management - 1 PT, 1 FT and 22 Casual Staff

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