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$150,000
$520,000
A well-established wine bar in Melbourne’s eastern suburbs is available for acquisition. The business offers a simple yet high-quality food and beverage selection, operating with minimal staff and hours and features aesthetic 150 sqm premises with a separate function room. This opportunity is ideal for an operator seeking a turnkey business with a high-end customer base and significant growth potential in the wine bar industry.
*Net profit of $150,000
*150 sqm premises
*Seating capacity of 56 customers
*Extensive wine selection
*Easy-to-operate
*Minimal overheads
Walter Beauvais and the team at LINK Melbourne are thrilled to present this longstanding wine bar in Melbourne’s eastern suburbs to the market. The business has been operating since 2015, becoming a local favourite over the years.
It has cultivated a strong reputation as demonstrated by its 4.6 out of 5 rating on Google based on 177 reviews. Moreover, it maintains an Instagram account with 3,000 followers and an emailing list of 600 subscribers.
The business operates from 150 sqm premises that feature a stunning fit-out with a separate function room and outdoor area, accommodating a licensed seating capacity of 76 patrons.
The business has a simple menu, enabling easy management. Additionally, it runs wine masterclasses, has a liquor license and caters to private events. Already a successful operation, the business still presents excellent growth potential with opportunities to expand trading hours and offerings.
Contact Walter now!
Listing ID: ME03042
Broker: Walter Beauvais
Phone: 0460 301 983
Email: walter.beauvais@linkbusiness.com.au
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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