Iconic Apollo Bay Café / Eatery

Apollo Bay
Ref: 7902
EOI over $1.6 Million considered

Iconic Apollo Bay Café / Eatery

Apollo Bay
EOI over $1.6 Million considered

Description

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Iconic Apollo Bay Café / Eatery
Looking for a Sea Change opportunity ? Look no further.
This business ticks all the boxes, location, lifestyle, security & cashflow
Absolute waterfront location
Turnover expected at $3.8-$4 Million (23-24 year)
Business continues to grow each year
By far the best & busiest on ‘The Great Ocean Road”
Long established Iconic business
Trading 7 days (11am-9pm), opportunity to introduce breakfast trade
Fully renovated business, simply cannot be faulted
Secure new lease of 20 years on offer
Rental $200,000 pa plus outgoings, includes 3 bedroom dwelling
Seating inside / outside for 280 patrons
Simple menu & operation, counter service
Business closes 6 weeks during July/August
Popular with locals, visitors, tourists and bus tours
Operated by the same family since 2004
Ideal business for family, partners or investors
Assistance / transition period available
Due Diligence period on offer
Declared profit in excess of $750,000
EOI over $1.6 Million considered
Call Mino for initial discussions

This business is exclusively listed with BPA Business Brokers
Our Ref: 7902

Location

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