The picturesque, forested sea-side setting makes Lorne one of Victoria’s best-loved tourist towns, and a key tourism destination on the Great Ocean Road.
The business is located centrally on the main street of Lorne in a high foot traffic area. With a large seating capacity, 60 seats inside and 40 seats outside of footpath trading. The premise comes complete with a new top of the range commercial grade kitchen, built-in cool room and rear access. The indoor – outdoor dining facilities have been curated with a timeless design, including timber finishings, polished concrete floors and a large frontage of commercial bi fold windows and doors.
With efficient systems in place, the business is currently highly profitable with an established day trade with immense potential to open for evening trade. There is a solid local customer base, bolstered by an extremely strong visitor trade on weekends and holidays. Possible opportunities for additional revenue include: extending operating hours utilising the late-night liquor license (1am license), increasing trade from 5 to 7 days and utilising the current footpath trading permit with additional tables and chairs.
- Annual turnover $1,000,000
- Annual Net Profit $200,000+
- 11 years remaining in a 15 Year lease (5+5+5)
- Rent $64,000 p.a +GST
- Currently trading Thursday-Monday, breakfast & lunch.
- Prime Main Street location with ocean views
John Twomey
p: (03) 5304 8200
e: [email protected]