Popular Thai Cafe/restaurant Mornington Peninsula

Business For Sale Mccrae, Victoria 3938

Business Category Cafe and Coffee Shop

$239,000

Description

Popular Thai Cafe/restaurant Mornington Peninsula

Available for purchase is a highly profitable restaurant along the Mornington Peninsula serving authentic Thai fare. It is strategically positioned in a beachfront setting, attracting locals and tourists with plenty of repeat customers. With all assets and a team in place, the business is ready for immediate operation post-sale, waiting for a new owner to take it to its next level.

*Taking $806,000 PA
*GP at $152,000 (FY24)
*EBITDA at ~$207,000 (FY24)
*4-day operation
*New lease
*Full Commercial Kitchen
*4.3 Google rating - based on 200+ reviews

The business is along the idyllic Mornington Peninsula coastline, attracting small to large groups of locals and tourists. Its premises are well-appointed, with charming indoor dining and alfresco areas - both fitted with a contemporary yet relaxed design and providing diverse seating options.

The double-fronted shop occupied by the business is fully equipped, with a commercial kitchen complete with fryers, grill, burners, double wok, large prep area and dishwashing area, one walk-in cool room and large storage facilities. All necessary assets will be included in the sale, enabling the incoming owner to derive revenue immediately.

If you have what it takes to boost this business's success, contact Nick today!

Listing ID: ME03157
Broker: Nick Kolaitis
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03157
Timestamp: XXXXXXXXXX 3003
Contact Seller
Nick Kolaitis

Bsale ID: 658743
Broker REF: ME03157

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