- Price: $149,000 + SAV
- Categories: Food/Hospitality
This beautifully fitted wine bar and Tex-Mex restaurant presents a rare opportunity to own a thriving hospitality venue in one of Melbourne's most sought-after inner north-west pockets.
The business has built a reputation for its curated wine list, share-style Tex-Mex menu and warm, stylish ambience.
Positioned along one of Ascot Vale's busiest shopping strips, the business benefits from constant exposure to passing traffic and a built-in local customer base. It has earned an outstanding reputation online, reflected in strong customer reviews, and is well known locally as a go-to spot for private events, functions and relaxed, casual weekend gatherings.
- Revenue $443,000 PA
- Gross Profit $311,000
- P&E valued at $150,000; included in sale price
- Licensed premises
- 5x5x5-year lease (commenced 2022)
Strong trade, a loyal following, and huge functions upside.
Ref: ME03528
