SingaporeOverview
Financial Performance
Revenue
$120,000
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
$20,900
Operations & Ownership
Owner Role
Full Time
Property Information
Premise Status
Rent
Operations & Growth
Reason For Sale
N/A
Description
An outstanding opportunity is now available to acquire a large, fully established hospitality venue in the heart of Mount Eliza Village, one of the Mornington Peninsula’s most desirable and affluent coastal communities.
Opportunities of this scale in Mount Eliza rarely become available.
The venue offers approximately 188 indoor seats and 65 outdoor seats, providing exceptional capacity and flexibility for café service, restaurant dining, bar trade, private functions and events.
A Restaurant & Café Liquor Licence allowing trading until 1am further enhances the venue’s potential, creating strong opportunities for evening dining, beverage service and functions.
The business currently operates under full management with an experienced team in place, making it a turnkey opportunity for investors. However, the operation would also greatly benefit from a more hands-on owner or experienced hospitality operator who could further optimise staffing, cost control and trading hours to maximise profitability.
Key highlights include:
• Prime Mount Eliza Village location surrounded by affluent suburbs
• Approx. $30,000+ average weekly turnover
• Large hospitality footprint rarely available in the area
• Fully equipped commercial kitchen
• Liquor licence with 1am trading approval
• Significant indoor and outdoor dining capacity
• Secure lease in place
• Opportunity to grow evening trade, events and functions
The size, licensing and established infrastructure make this a rare Peninsula hospitality opportunity, with the cost to recreate a venue of this scale today likely to far exceed the acquisition cost.
For further information or to arrange a confidential discussion, please contact:
Elle Likopoulos
Absolute Business Brokers
0481 608 460
elle@absolutebb.com.au
or
Nicole Maroush
0435 305 815
nicole@absolutebb.com.au
Ref: B15015
Opportunities of this scale in Mount Eliza rarely become available.
The venue offers approximately 188 indoor seats and 65 outdoor seats, providing exceptional capacity and flexibility for café service, restaurant dining, bar trade, private functions and events.
A Restaurant & Café Liquor Licence allowing trading until 1am further enhances the venue’s potential, creating strong opportunities for evening dining, beverage service and functions.
The business currently operates under full management with an experienced team in place, making it a turnkey opportunity for investors. However, the operation would also greatly benefit from a more hands-on owner or experienced hospitality operator who could further optimise staffing, cost control and trading hours to maximise profitability.
Key highlights include:
• Prime Mount Eliza Village location surrounded by affluent suburbs
• Approx. $30,000+ average weekly turnover
• Large hospitality footprint rarely available in the area
• Fully equipped commercial kitchen
• Liquor licence with 1am trading approval
• Significant indoor and outdoor dining capacity
• Secure lease in place
• Opportunity to grow evening trade, events and functions
The size, licensing and established infrastructure make this a rare Peninsula hospitality opportunity, with the cost to recreate a venue of this scale today likely to far exceed the acquisition cost.
For further information or to arrange a confidential discussion, please contact:
Elle Likopoulos
Absolute Business Brokers
0481 608 460
elle@absolutebb.com.au
or
Nicole Maroush
0435 305 815
nicole@absolutebb.com.au
Ref: B15015
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