Summary
With strong growth potential, this wine bar has loyal customers and has minimal competition, it's a turnkey opportunity ready for new owners. $49,000 + SAV
Net Profit
$8,000 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 and weekend lunch.
Hours
Thursday: 4pm to late
Friday: 4pm to late
Saturday: 4pm to late
Sunday: 4pm to late
Lease
Lease in place with two 3 x 3 options remaining.
Reason for Sale
The business is part of the charity Food For Change and has been providing income for the charity to do its work. With the start of two new projects the baord has decided to sell the social enterprise.
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 totalling 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 net profit of $8,000.
*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 $7,950/year + GST.
*4.9 Google review
*Lease agreement to July 2026 + option of 6 years.
*Strong local following
Turnkey operation with a substantial local clientele and huge scope to grow-offered at just $49,000 +SAV WIWO.
For more information, please contact.
Owner: Matthew Donovan
Phone: 0431 237 363
Email: [email protected]
History
Opened in 2023 as the social enterprise for Food For Change
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