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
Similar Businesses For Sale
Cafe and Coffee Shop Restaurant