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Listing Id: 33103 Last Refreshed: 11/10/2024 Total Views: 260

Bar With Bottle Shop License & Event Space For Sale – High Exposure Location

Melbourne City, MelbourneWineLiquor and Tobacco Stores
Asking Price: Price On Request
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $4,689
  • Rental Desposit N/A
  • Revenue $43,971
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

n/a

Description

*Expression of Interest*

This well-established venue offers a prime opportunity for an owner-operator to take over a thriving business with exceptional potential for growth. With a liquor license extending until 1am, the venue can host up to 100 patrons, both indoors and in the charming Alfresco outdoor dining area. Spread over two levels, the premises includes a stunningly designed interior and exterior, with no expense spared to create a unique and appealing atmosphere that stands out in the area.

The venue also holds a cellar/bottle shop liquor license, enabling walk-in customers to purchase alcohol directly. The upstairs features an elegant event space complete with a separate entrance, dedicated bar, and restrooms, providing ample opportunities for hosting private functions or special nights. There is even space to add a small kitchen, should you wish to introduce your own in-house food service.

However, the business is currently flourishing through a collaboration with a neighboring food provider, allowing customers to order food and have it served at the venue. This arrangement allows for smooth operations without the need for a dedicated kitchen, though the option to introduce food service in-house presents an opportunity for increasing profit margins.

Located on a highly exposed main road, the venue enjoys excellent visibility and foot traffic, making it a focal point of this bustling community of an established eastern suburb of Melbourne. The current owners, who treat this as a side project, have operated the business entirely under management, meaning it is perfectly positioned for a hands-on owner to take the reins and further develop the business’s offerings, particularly in the areas of food and event hosting.

This is a rare opportunity to step into a beautifully fitted-out, fully operational venue in a prime location, offering ample growth potential for a motivated owner-operator.

Contact Elle Likopoulos and her team on 03 9566 7300 or at elle@absolutebb.com.au to arrange an inspection.

Ref: B14781
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