Internal Ref: B15137
Summary
A rare opportunity to acquire a long-established wine bar and restaurant in the heart of Mornington, positioned within one of the Peninsula’s busiest hospitality precincts.
Revenue
$1,404,000 pa
Rent
$168,000 pa
Lease
New 5-year lease from Aug 2026 + further 5-year option
About the Business
A rare opportunity to acquire a long-established wine bar and restaurant in the heart of Mornington, positioned within one of the Peninsula’s busiest hospitality precincts.
Established in 2011, this local favourite has an impressive history, with the current owners operating the venue for the past 14 years.
Generating approximately $27,000 per week, the business trades just five days, Wednesday to Sunday, offering lunch and dinner service.
The stylish venue features split-level dining, a dedicated bar and cosy lounge area, outdoor seating with street exposure, approximately 85 seats inside, a full commercial kitchen and walk-in cool room. There is also potential for a rooftop bar expansion, providing an exciting avenue for future growth.
KEY FEATURES:
Takings approx. $27,000 pw
Established since 2011
Prime Mornington location
Strong local, weekender & summer tourist trade
Approx. 85 internal seats + outdoor seating
Fully licensed until 11pm
Full commercial kitchen & walk-in cool room
Potential rooftop bar expansion
Trades only 5 days
Rent $14,000 pcm + GST
New 5-year lease from Aug 2026 + further 5-year option
Owner involvement approx. 15 hours pw
Experienced team in place
With its history, location, established trade and further potential, this is an impressive hospitality opportunity in the heart of Mornington.
For further information and to arrange an inspection, please contact Chris Panagiotidis on 0433 582 533 or [email protected].
Ref: B15137
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