Beachfront Dumpling Noodle Bar near Rosebud for Sale
Beachfront Dumpling Noodle Bar near Rosebud for Sale
No chef, liquor licence - 11 years on the lease
THE OPPORTUNITY
Beachfront hospitality venues on the Mornington Peninsula with a long lease, liquor licence and proven trading history are extraordinarily rare - and this one is available now. Positioned directly on the Rosebud beachfront as the first restaurant encountered leaving the beach, this dumpling and noodle bar generates $621,000 in annual turnover, reaches approximately $35,000 in weekly sales during peak season, and operates on a simplified no-chef model with multiple revenue streams including dine-in, takeaway and a gelato bar.
After 7 years of building a beloved coastal institution, the vendors are transitioning to semi-retirement - a genuine lifestyle-driven sale with no reflection on business performance.
WHY THIS BUSINESS STANDS OUT
- Prime beachfront position - the first restaurant encountered as customers leave the beach, with unrivalled natural foot traffic from holidaymakers, day-trippers and locals year-round
- Annual turnover of $621,000 with vendor-stated net profit of $70,000 - with several personal vendor expenses noted in the financials that will not transfer to a new owner, improving the true profitability picture
- Peak season weekly sales of approximately $35,000, with off-peak sales of approximately $13,000 - a year-round trading business, not solely summer dependent
- No qualified chef required - a streamlined, efficient menu and prep system keeps labour costs lean and staffing simple
- Full liquor licence in place - supporting dine-in revenue, upsell opportunities and event potential
- Multiple revenue streams: dine-in dining, takeaway menu, and gelato/ice cream bar - diversified income from a single location
- Inclusive menu catering to vegan, vegetarian and gluten-free dietary requirements - broad customer appeal across all demographics
- Large outdoor deck capitalising on the iconic beachfront and pier views - significant al fresco capacity driving atmosphere and covers
- 11 years remaining on lease with 5x5x5 options - exceptional tenure and security for an incoming owner
- 7 years of established trading with a loyal local and tourist customer base already built
- Current owner operates in a supervisory capacity - not hands-on in the kitchen, demonstrating the business runs without heavy owner reliance
- Rosebud's continued growth as a Melbourne-accessible lifestyle and tourism destination ensures sustained, year-round demand
ASKING PRICE: $250,000
Detailed financial information available to qualified buyers following a signed confidentiality agreement. All enquiries handled in strict confidence.
EXCLUSIVE SELLING AGENT
Jennifer Angsiting
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