Under Offer Fully Equipped Family Restaurant - South Morang

Download Save Saved Print

South Morang, Victoria 3752

$120,000

Key Features

AI generated. Contact seller to confirm.

Fully equipped commercial kitchen
Licensed for operation until 11:00 pm
Seating capacity for 100 guests
Strong weekly delivery sales through Uber Eats
Prime location on a busy main road
Significant potential for business expansion

Turnover: $624,000
Net Profit: $99,452
Rent/Lease: 5+5+5 lease with 10 years remaining
Stock Value: Included
Established: 9 years

Business Details

Business Category Restaurant

This licensed restaurant and cafe in South Morang was established in 2014 and acquired by the current owner in 2023. It is fully fitted with a commercial kitchen, pizza oven, walk-in cool room and bar and is set up to support dine-in, takeaway and delivery operations.

Popular cafe-restaurant with strong weekly delivery sales and a full commercial kitchen in a high-growth area. Immaculately fitted and fully licensed, with seating for 100 and significant potential to expand offerings.

*Annual takings of $624,000 with a strong net profit of $99,452 and low COGS at 25%.
*Weekly Uber Eats sales net between $2,300 and $2,800, providing a steady income.
*Affordable rent at $7,280/month with a secure 5+5+5 lease and 10 years remaining.
*Fully licensed until 11:00 pm, featuring a commercial kitchen, pizza oven, cool room and freezer.
*178 sqm venue with seating for 100, fully fitted with bar facilities.
*Prime position on a busy main road in a growing centre with strong foot traffic.

Great value at $149,000 with massive potential to increase takings through extended hours and menu changes.

For more information, please contact the broker.

Listing ID: ME03196
Broker: Nick Kolaitis
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03196
Timestamp: XXXXXXXXXX 3005