For Sale
THE PERFECT ENTRY LEVEL OPPORTUNITY. OWN YOUR OWN BAR AND BE YOUR OWN BE YOUR OWN BOSS!
Boston Business Brokers are pleased to introduce to the market this well-established concern which has earned itself an outstanding reputation for its quality offerings and unique design. For almost 7 years, this venue - situated in the heart of one of Melbourne’s most desirable suburbs -has enjoyed a highly successful trade as a wine bar and event space.
The unique, ivy-covered building opens to a chic, bespoke interior and leads onto a wine garden exterior which features an open fireplace within a weather-proof, hedge-lined setting.
The intimate, contemporary and entirely unique atmosphere has set a new standard for the affluent suburb and surrounds, earning it a reputation as a favourite amongst locals. The well-curated wine list and delicious, simple fare has seen it become a popular engagement, wedding and party venue when hired privately. The building is strongly positioned in a commercial & residential mix area occupying approximately 150sqm with 25+ seats inside and an additional 40+ in the garden room.
The current owners have grown a loyal, aspirational clientele with a high degree of goodwill for any new owner. Employing a small team of full- and part time-staff who could be an asset to any purchaser, this opportunity presents a marvellous chance for anyone with an appropriate catering or management background seeking an extremely well located, superbly equipped and locally available concern.
The business is also adaptable to further potentially lucrative licensed dining and hospitality opportunities providing any enthusiastic buyer with ample scope for continued growth and increased profitability. This might include a degree of menu expansion, the introduction of further wines and spirits, the possibility to operate extended daytime hours exploiting local demand, and generally adopting a more vigorous marketing policy for the restaurant’s excellent existing facilities and services.
• This is a very popular neighbourhood wine bar with high-end fixture, fittings and equipment throughout
• Turnkey and ready for new owner
• Great demographics in surrounding neighbourhoods and are bounded by supermarket, shops, cafes, restaurants, and other businesses nearby with lots of foot traffic seven days a week from locals and tourists in coveted trading location.
• Freestanding building in a high visibility intersection
• Small footprint means low overhead and easy to run
• Compact equipped commercial kitchen with walk in cool room
• Licenced till 12pm & currently operating 4 dinners Thurs + Friday 4pm, Sat + Sun 1pm
• Excellent rental terms and conditions
• This location has all the activity generators an operator could want and benefits from a strong delivery radius.
• Numerous opportunities for growth: - breakfast, lunch - outdoor seating - happy hour - take advantage of full liquor license – deliveries, catering, functions/events.
• This is the perfect situation for a solid owner operator to build upon a strong existing foundation or this space is well-suited to any number of concepts that are ready to become the next neighbourhood gem or an established brand seeking to expand.
• The premises are being offered with the benefit of a new lease.
• Strong branding &comprehensive website with exceptional media presence and reviews
• Priced well under replacement
• Loaded with Good Will and Solid Customer base!
Monthly Turnover: $40,0000 +
The asking price P.O.A. Includes the liquor license walk in walk out, and all of the furniture, fixtures and equipment of the business. There is plenty of scope, opportunity to grow, and succeed in this location.
We would therefore unreservedly recommend a viewing of a stunning commercial proposition of unique quality. An excellent existing business opportunity combined with the potential for further development, this only comes onto the market due to recent Family commitments and has consequently been very sensibly priced to ensure the earliest possible sale.
