Description

Summary
Popular restaurant and event venue on the stunning Mornington Peninsula

About the Business
An exceptional opportunity to acquire a well-established Mediterranean-inspired restaurant located directly opposite a picturesque beachfront in one of Australia’s top coastal destinations. Known for its vibrant yet relaxed vibe, the venue caters to casual diners, private functions, and large-scale events.

This fully managed and systemised business is run by an experienced team with documented procedures, making it a true turn-key operation. With over 25,000 customer contacts and a solid digital marketing strategy, the business is primed for continued success.

Business Highlights:

*Fully Managed - No hands-on involvement needed. Strong leadership and systems in place ensure a smooth transition.*Robust Financials - $3.17M in annual revenue with $450K net profit. Averaging $69.5K in weekly takings.*Prime Location - Positioned opposite a popular beach with consistent year-round foot traffic.*Lease Security - 5+5 year lease commenced March 2023.*Extensive Fit-Out - Full commercial kitchen, two walk-in cool rooms, two bars, seating for 150 indoors and 200 outdoors.*Function-Ready - Designed for weddings, events, and private functions with indoor and garden spaces.*Marketing & CRM - Strong digital marketing supported by a 25,000+ customer database.*Growth Potential - Expand into breakfast/lunch, takeaway, or increase weddings and private functions.*Excellent Reputation - Loyal following and consistent 5-star Google reviews.

Perfect for investors or buyers seeking a profitable, hands-off business with an exceptional brand and growth upside.

Price: $1,700,000