Wine Bar & Bistro for sale.
Located on the waterfront overlooking a Marina - SOLD!
Northern Gold Coast.
Opens only 28 hrs per week!
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.
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!