LINK Business Brokers Australia

About this Business for sale in Melbourne

Strategically positioned on a busy main road in the heart of Mornington, this reputable cocktail and wine bar has become a popular destination for people of all ages who have an appreciation of good wine by the glass or bottle, a craft beer, or a fabulous cocktail. Selling a wide range of tapas and drinks, it really does have something for everyone!

The recently renovated 245sqm site is spacious, well fitted, seats 162 inside and outside, and is well known as the go to function centre among locals and the thousands of holiday makers that flock to the area during the summer months.

Key features include:

*Taking $40,000 per week
*Award winning accolades
*1am Liquor license
*Sought after location only 200m away from the beach
*Popular tourist destination
*Both planning permit and liquor license allows us to open 7 days per week – we choose to only open six (although depending on public holidays we sometimes also open on a Monday).
*Run semi under management
*Reasonable rent
*Secure 18 year lease in place
*Beautiful Baroque style fit-out
*Well established, fantastic reputation
*Huge potential

An inspection is highly recommended and is sure to impress!

For more information please contact Nadia Polzella from LINK on the below:
Phone: 0451 858 897
Email: nadia.polzella@linkbusiness.com.au

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*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.

Listing: #ME01960
Price: $299,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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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