Lorne VIC 3232
$200,000.00

DESCRIPTION

Phone enquiries - please quote property ID 29001.

Mestizo Restaurante & Cocktail Bar is a quality business located in the main thoroughfare of Lorne. The business has been established 4 years with good quality equipment and up the market decor. Has a liquor license up until 1.00 pm in the evenings.

Currently only trading 4 nights per week with HUGE scope to expand. The limited trading hours are the owner's wishes, as they want a balanced lifestyle. This husband and wife team is only working 20 hours p.w. in front of the house. Additional staff is in place raging from four to ten people in busy times. This business could easily trade 7 nights per week, as Lorne is a bustling place, especially in the spring, summer, and autumn times. It's also possible to shut down during winter if you wish.

It has been an amazing journey for the owners, setting up just four years ago and two of those years were COVID, yet it is a profitable business with potential for so much more. Owners also have another business in town which is also for sale. The decision for the owners has been made for a complete change of lifestyle.

Being the only cocktail bar in town, it is well occupied by locals, weekenders, and tourists and is the ‘hub’ of the evening and night scene to enjoy wonderful food for dinner and cocktails/drinks in the evening.

Raving reviews include:
“Best Restaurant in Lorne”
“Great atmosphere, friendly engaged waitstaff, good food”
“The atmosphere was divine!”
“Interesting food beautifully prepared and presented by knowledgeable and caring staff. Good wine list at reasonable prices”.
“A great drinks and cocktails menu with a broad selection “

In just 4 years this restaurant/cocktail bar has definitely made its place in Lorne.
The premises are leased with good options to suit. The atmosphere and ambiance are second to none. Beautiful restaurant with plenty of storage.

* Fully licensed – until 1.00 am per night
* Can seat 74 (plus standing customers)
* Excellent TripAdvisor Reviews
* Good social media presence (Facebook, Instagram & Twitter).
* Selling fully equipped (Grills, ovens, fryers, dishwashers etc)
* Stock will be sold at valuation (usually around $10,000)

This business is awaiting an experienced restaurateur /entrepreneur to take to the next level. Owners are very proud of what they have achieved in such a short time. Now with COVID over and tourism increasing, it always growing from an already profitable position.
Enquire today.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.