Available for purchase is a popular wine bar in Melbourne's western suburbs, known for its sophisticated fit-out and extensive wine selection that offers a premium experience for both wine connoisseurs and casual diners. The bar occupies a prime location with versatile function spaces, making it a sought-after destination for a broad customer base. Its established reputation provides a solid foundation for continued growth, making it ideal for purchasers seeking a well-established venture.
*Taking $650,000 PA
*167 sqm indoor and 77 sqm outdoor premises
*50 indoor and 56 outdoor seats
*Function room accommodating over 100 people
*P&E valued at $1,000,000
*New lease and rental reduction are currently being negotiated
Operating since 2020, the business is known for its exceptional wine selection, attracting a diverse customer base. With minimal local competition, it appeals to both locals and tourists, focusing on wine enthusiasts and casual diners.
The bar's popularity is enhanced by its upscale fit-out, featuring a secret entry, a 3000-bottle temperature-controlled wine cellar, a 360-degree central bar, and a cosy lounge with a fireplace. The premises offer both indoor and outdoor seating, with the outdoor area providing views of a nearby river. Given its prime location and significant seating capacity, the business enjoys strong demand for venue hire and intimate bookings.
The business operates with a lean team of five casual staff and a hands-on owner-operator, contributing to its low operating costs.
Contact Nick and Kristy today!
Listing ID: ME02995
Vendor: Nick and Kristy Kolaitis
Phone: 0411 428 161 (Nick) / 0421 136 415 (kristy)
Email: nick.kolaitis@linkbusiness.com.au / kristy.kolaitis@linkbusiness.com.au
Ref: ME02995
Timestamp: 20241129040003
