Business For Sale Melbourne VIC Region, Victoria
Business Category
$199,000
Description
Mornington's Flagship Cocktail And Wine Bar $199,000 (16465)
Introducing an exquisite cocktail and wine bar nestled on a bustling main road in the heart of Mornington, this establishment is a true gem catering to patrons of all ages. Renowned for its impressive selection of wine by the glass or bottle, craft beer, and delectable cocktails, this bar has earned a well-deserved reputation among connoisseurs and casual drinkers alike.With an extensive menu of tapas and drinks designed to satisfy every taste and preference, this establishment has become a popular destination that truly has something for everyone. Whether you're in the mood for a fine wine, a refreshing craft beer, or a meticulously crafted cocktail, you'll find it here.The bar's spacious 245 sqm site has recently undergone a meticulous renovation, showcasing an elegant Baroque-style fit-out that is sure to impress guests. With a capacity to accommodate up to 150 patrons indoors and outdoors, this place is not only a go-to spot for individuals and groups but also a sought-after function centre for locals and tourists, particularly during the vibrant summer months.One of the standout features of this establishment is its award-winning wine list, recognized for its exceptional quality and variety. Paired with the exquisite tapas offerings, the bar provides a memorable culinary experience for guests.Location is key, as the bar is strategically situated just 200m from the beach, making it a desirable destination for beachgoers and those seeking a delightful seaside atmosphere. Furthermore, the business holds a valuable 1 am liquor license, allowing it to operate late into the night.Currently, the bar is run semi-under management, offering a unique investment opportunity. With reasonable rent and a secure 16-year lease in place (comprising three 5-year terms and 18 months on the current lease term), investors can step into a thriving business with a solid foundation. It's worth noting that the business has been successfully operating for 16 years, with the last 10 years under the same owner, reflecting its stability and proven track record.With a well-established reputation, ample potential for growth, and its prime location, this cocktail and wine bar presents an enticing opportunity for those seeking to invest in a prosperous and thriving business. An inspection is highly recommended to fully appreciate the allure and potential this establishment offers.For more information, please contact Nadia Polzella from LINK on the below:Phone: XXXXXXXXXX Email: XXXXXXXXXX
Ref: ME01960
Timestamp: XXXXXXXXXX 3252
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