Summary
With strong growth potential, this wine bar has loyal customers is fully staffed and has minimal competition, it's a turnkey opportunity ready for new owners.
Revenue
$20,000 pm
Rent
$2,342 pm
Location Details
Corner location of the main street with ample parking
Potential
Currently only operating 4 days per week in the evening. There is large scope to extend the trading during the week and potential to add takeaway, breakfast and lunch.
Hours
Thursday: 4pm to 9pm
Friday: 4pm to 11pm
Saturday: 2pm to 11pm
Sunday: 2pm to 9pm
Lease
Lease in place with two 3 x 3 options remaining.
Employees
2 fully trained staff members with minimal input from owner
Reason for Sale
Owner retiring
About the Business
Opened 4 days a week, this established and well located wine bar offers boutique wines, craft beers, cocktails and bar food. With low rent and a loyal and ever growing clientele the venue features both indoor and outdoor seating titalling 36 seats (scope to expand) and includes all equipment in the sale.
The only wine bar on the street with no direct competition, it has an excellent fit-out, a strong local clientele and room to grow by expanding hours or adding in lunch/breakfast.
*Average monthly takings of $21,000.
*Only wine bar on the strip, offering boutique wines, craft beers and cocktails.
*Fully equipped with stylish fit-out, ample food space area.
*Rent is $2,342 per month, with outgoings of approximately $9,950/year + GST.
*Lease agreement to July 2026 + option of 6 years.
*Strong local following supported by experienced and reliable staff.
Turnkey operation with a substantial local clientele and huge scope to grow-offered at just $135,000 + SAV.
For more information, please contact the owner.
Owner: Matthew Donovan
Phone: 0431 237 363
Email: [email protected]
History
The business has been a passion project and something the owner has always wanted to do. With its success and the sale of another business the owner is retiring.
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