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Wine Bar & Bistro for Sale – 303613

Wine Bar & Bistro for Sale – 303613
Image of Wine Bar & Bistro
Image of Wine Bar & Bistro

Wine Bar & Bistro for sale.

Wine Bar & Bistro, located on the waterfront overlooking a Marina, Northern Gold Coast for sale. Opens 28 hrs per week! Exclusive Listing

Located on the waterfront overlooking a Marina - SOLD!

Northern Gold Coast.

Opens only 28 hrs per week!

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This little Wine Bar & Bistro is a rare find and a well-kept secret with the locals..

Established in 2020 with the current owner spending $180,000.00 in total refurbishment.
Looks great with a New York style central bar with seating both inside and out on “the dock of the bay” overlooking a marina full of boats.

All the hard work is done with nothing to spend.
Current trading hours are only 6-days a week opening from Tuesday to Friday from 3.30pm to 9pm and Saturday to Sunday from 5pm to 8pm (current owners have chosen these hours to suit their lifestyle).

An ideal opportunity to increase the trading hours and also open for Coffee in the morning as there is a a huge breakfast and coffee trade in this busy food and retail precinct.
Owner states weekly sales of $8,500.00 on current limited opening hours. A very limited snacks menu on offer that could be improved for further growth.

Live music on Sundays draws in the locals from surrounding apartments with some days with standing room only!
Currently operated by a husband and wife team plus one casual barman.
New long lease to 2025 plus a 7-year option in place.

Reason for Sale:
Owners are retired and wish to spend more time travelling.

Brokers Comments:
This business is calling out for a new owner with the time and vision to increase the current takings of $8,500.00 per week by simply opening longer hours and changing the current limited food menu.
Opportunity to open a few hours in the mornings to cater for the breakfast and coffee.

Suit a hands-on owner operator to take this business to the next level.
Great location, fit-out and existing loyal customer base to improve on.
Priced below replacement cost for a quick sale!

Overview

Owner states current gross weekly sales of $8,500.00 (on current limited opening hours).
Lease: Current lease expires March 2023 plus 2x3-year options.
Rent: Only $1,187.00 + GST per week (plus outs).
Price: Only $125,000 + SAV
Code: 303613

For more information on this business,
please read our Confidentiality Agreement (by clicking here),
complete and submit this form, and we will contact you with further details on this opportunity.