Mornington, Victoria 3931
$780,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Prime southeast bayside location
- Busy commercial street with high foot traffic
- Fully licensed with footpath dining
- Seats 130 indoors and 60 outdoors
- Four full-time and 10 part-time staff
- Highly profitable proven operating model
- Turnover: $2 million annual takings
- Net Profit: Not disclosed
- Rent/Lease: Lease secured until 2029, plus a 5-year option
- Stock Value: Not disclosed
- Established: Well-established
Business Details
Business Category Restaurant
This is an excellent opportunity to take over a well-established, licensed Japanese restaurant in a prime Southeast bayside location.
It is positioned on a busy commercial street with substantial foot traffic, surrounded by retail and dining establishments. Due to high demand, it generates around $2 million in annual takings.
Operating with a proven, profitable model, it is fully staffed with four full-time and 10 part-time team members. Its spacious premises have 130 indoor seats and 60 outdoor seats, including licensed footpath dining. The existing lease is secured until 2029, with a further 5-year option.
*$2 million annual takings
*Four full-time and 10 part-time employees
*Seats 130 inside and 60 outside
*Lease until 2029 plus a 5-year option.
*High-exposure site on busy commercial strip with steady foot traffic
Fully licensed, fully staffed and highly profitable. Contact John today to learn more!
Listing ID: ME03286
Broker: John Zhang
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03286
Timestamp: XXXXXXXXXX 0003
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