Stylish Licensed Wine Bar & Restaurant | Under Management | Long Lease

Ascot Vale, Victoria 3032

$170,000

Key Features

AI generated. Contact seller to confirm.

  • Fully licenced until 11pm
  • Seating 35 inside and 12 outdoors
  • Operates under full management team
  • Long secure lease through 2041
  • Premium fit-out and established systems
  • Loyal local customer base, turn-key opportunity
  • Turnover: $17,000 per week
  • Net Profit: Not disclosed
  • Rent/Lease: Rent $3,750 per calendar month + GST; Lease 4x4x4x4 commencing March 2025 (secure until 2041)
  • Stock Value: Not disclosed
  • Established: 2017 (8 years)

Business Details

Business Category Restaurant

This beautifully curated wine bar and restaurant offers the perfect blend of sophistication and warmth, ideal for anyone seeking a lifestyle business with minimal hands-on involvement.

Located in a thriving dining precinct, this fully licensed venue (until 11pm) has become a local favourite for its relaxed atmosphere, exceptional wine list, and intimate food offering. With a seating capacity of 35 inside and 12 outdoors, it provides a cosy yet vibrant setting for locals and visitors alike.

The business operates under full management with a team of 2 full-time and 3 casual staff, allowing a smooth transition for investors or those looking for a semi-passive income opportunity.

Key Highlights:

Takings: $17,000 per week

Rent: $3,750 per calendar month + GST

Lease: 4×4×4×4 terms commencing March 2025 (secure until 2041)

Outgoings: $3,000 per year

Established: 2017 (8 years strong)

Trading Hours:
Sun–Wed 12pm–8pm
Thurs 12pm–9pm
Fri 12pm–10pm
Sat 10am–10pm

With a loyal customer base, premium fit-out, and established systems, this is a turn-key opportunity for a buyer looking to step into a successful hospitality venture without the day-to-day workload.

For more information or a confidential discussion, contact:
Chris & Elle – Absolute Business Brokers
Chris: XXXXXXXXXX | XXXXXXXXXX
Elle: XXXXXXXXXX | XXXXXXXXXX
XXXXXXXXXX XXXXXXXXXX

Ref: B14950

What's Nearby

Make an Enquiry
Absolute Business Brokers Absolute Business Brokers
Chris Panagiotidis

Bsale ID: 671435

wait whilst email sent

Thank you, your enquiry has been sent now.