An acclaimed wine bar in a prime inner-city suburb is available for acquisition. The business, known for its extensive wine list and strong annual takings of $951,885, operates fully under management with minimal owner involvement. Featuring a high-quality fit-out and an excellent reputation, it offers significant growth potential through expanded event services.
*Taking $951,885 PA
*Liquor licence until 11:00 pm
*Secured lease terms until 2042
*80 indoor and 10 outdoor seating
*4.7/5 Google rating
*$150,000 in tangible assets
Simon Sheridan and the team at LINK Melbourne are thrilled to present a thriving wine bar in the inner suburbs of Melbourne to the market.
This well-established wine bar offers a prime opportunity in an inner-city suburb, deriving an annual revenue of $951,885. With a sophisticated fit-out valued at $620,000 and a carefully curated extensive wine list, the business attracts a loyal customer base and maintains a solid 4.7/5 Google rating from 224 reviews.
Its premises feature 80 indoor and 10 outdoor seats, making it ideal for intimate gatherings and larger events. Fully managed with a dedicated team, this business operates efficiently, requiring minimal owner involvement.
This acquisition is perfect for investors seeking a successful, established venue with solid financials and significant growth potential.
Listing ID: ME03036
Broker: Simon Sheridan
Phone: 0400 858 900
Email: simon.sheridan@linkbusiness.com.au
Ref: ME03036
Timestamp: 20240917033003
