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Ascot Vale Wine Bar, Courtyard And Functions For Sale

Ascot Vale, Victoria, Australia
Asking Price:
$148,000 + SAV
Turnover:
Undisclosed
Net Profit:
Undisclosed
  • Price: $148,000 + SAV
  • Categories: Food/Hospitality

This beautifully fitted wine bar for sale in Ascot Vale presents a rare opportunity to own an established hospitality business in Melbourne's sought-after inner north-west.

The business has built a strong reputation for its curated wine list, full commercial kitchen, function space and warm, stylish ambience.

Positioned along one of Ascot Vale's busiest shopping strips, the venue benefits from high visibility, passing traffic and a loyal local customer base. Strong online reviews reflect its reputation, while the venue is well known locally for private events, functions and relaxed weekend trade.

  • Revenue $443,000 PA
  • Gross Profit $311,000
  • Licensed premises (General Licence)
  • 5x5x5-year lease (commenced 2022)

Strong trade, a loyal following and further scope to grow functions and private events.

Contact Walid today to learn more.

Business Broker: Walid Hijazi
Ref: ME03528
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Email: [email protected]
Ref: ME03528
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