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501 & 503-505 Main Street
Undoubtedly two of the most popular and highly PROFITABLE venues in Mordialloc, Business AU is pleased to present the exceptional opportunity of this two-in-one acquisition.
Main Street operates as a Cafe with a wide demographic of loyal customers from all over Melbourne. Operating for 12 years, it has established an incredible reputation within the local community and its surrounding suburbs. Without a doubt the ‘go to destination’ in Mordialloc for social meets, great food and coffee, Main Street Cafe is ideal for Owner/Operators or savvy Investors looking for secure and highly profitable returns.
Side Street Lounge, adjacent to the Cafe, operates as a Nightclub on Friday and Saturday evenings. Popular with the locals and patrons from all over Melbourne, this venue focuses on its lucrative bar trade with music, dancing, and fun times. As the only bar in Mordialloc to have DJs playing live music and a dance floor, Side Street Lounge has no competition and there’s always lines of patrons patiently waiting to get into the highly sought-after venue.
Both businesses enjoy solid systems and processes which enables them to operate seamlessly with minimal owner oversight. A dedicated Restaurant Manager and Head Chef lead the management team across both venues, offering a solid organisational structure.
KEY FEATURES INCLUDE:
•Renowned and highly PROFITABLE business
•Prime corner location ...
Property ID
2064059
Property Type
Food/ Hospitality
Status
Sold
Grita Angelucci
Director
grita@businessau.com.au
0413 332 331
501 & 503-505 Main Street
... in the heart of Main Street, Mordialloc
•Excellent street exposure
•Two successful businesses in one package
•Successful 12-year trading history under the same ownership
•Cheap rent and secure long lease
•1am Liquor Licence for overall capacity of 175 patrons
•Café seats 90 + patrons
•Strong coffee trade of 55kgs plus per week
•Café trading 7 days only and 2 nights until 10pm
•Lounge operating only Friday & Saturday’s 5pm-1am
•Immediate opportunity to increase trading hours for both venues
•Solid systems and processes
•Dedicated Management team
•Run fully Under Management
•Ideal Owner/Operator or Investor opportunity
•HIGHLY PROFITABLE BUSINESS!
Both businesses post strong cash flow with the opportunity for future growth by extending trading hours to pre COVID hours. In addition, Side Street Lounge offers the opportunity to renovate and open a roof top bar (pending Council approval) to accommodate the demand and support for event enquiries.
With an immediate lucrative cashflow and endless possibilities, Main Street Cafe and Side Street Lounge are two businesses you won’t want to miss!
For a copy of our comprehensive Information Memorandum, please contact Business AU