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Coffee By Day, Wine By Night - Balnarring For Sale

Balnarring, Victoria, Australia
Asking Price:
$240,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Turnover:
On request
Net Profit:
On request

Two concepts, one great opportunity!

Beautifully presented Wine & Tapas Bar in the heart of the Mornington Peninsula Wine Country - must see to be believed.
Interior is dark and moody with an open fireplace, wine room featuring local wines from the area, exactly how a wine bar should feel -The perfect space for a full venue hire, parties, weddings, engagements, etc. Intimate in feel, without feeling small.
With an open-air courtyard creating the perfect setting for relaxed gatherings and exclusive private events.
Full restaurant commercial kitchen, featuring a walk-in refrigerator.
Perfect for a passionate hands on owner operator.

Regular trade days at present are Thursday, Friday & Saturday nights all from 3pm until late.
Plenty of room to expand these business hours.
Licensed until 1am, allowing for 70 guests.

Coffee & Toastie Window.
At present, the wine bar has a side hustle, our small but mighty weekend coffee nook - with a toastie menu, acai bowls, specialty coffee & treats. Open Friday/Sat/Sun mornings 7-11am.
Our items are all served takeaway with the courtyard open to relax & enjoy - dogs welcome.

All the equipment in this area is brand new and owned outright by the business.
There is huge potential to expand to 7 days per week -the locals are begging for it!

Property Information

Real Estate:

Lease

Lease Terms:

There is 3.5 years left on the current lease with the option of a further 5 years.

Leasehold Rent:

$67,102 (AUD) per annum

Location:

In the heart of the Balnarring Shopping Village

Premises Details:

Shop 1 of the Balnarring Village. The building is clean and looked after well by the landlords.
with ample parking with no time limits.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business could easily extend the hours, trade 7 days per week for the Bar, Coffee or both!
Full breakfast service could be a rewarding opportunity.

Competition / Market:

The town has a pub, The Heritage which has put Balnarring on the map, a Social Club and 2 restaurants, there is no room for expansion or of future competition.

Reasons for selling:

We have another family run business, and wish to focus fully on that entirely.

Trading hours:

Thursday/Friday/Saturday - Wine Bar
Friday/Saturday & Sunday 7-11am Coffee

Employees:
7
Years established:
3 years

Other Information

Support & training:

Full handover with the offer of staying to train and help for 2 weeks after takeover.

Furniture / Fixtures value:
$45,000 (AUD) - included in the asking price
Inventory / Stock value:
$45,000 (AUD) - included in the asking price
Website:
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