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Refer to Broker
$1,820,000
Location, Location, Location!
This well known wine bar and bottle shop is strategically located on a busy main road in one of Melbourne’s most desirable shopping and dining precincts. Surrounded by key retail outlets, restaurants, cafes, and public transport options, the business experiences extremely high rates of passing traffic daily and is flooded with tourists during the summer months.
The business’ unique arched street frontage and footpath seating provide a great ambiance for customers looking to sit and enjoy a bottle of wine and is one of the reasons it has become increasingly popular with the local community.
Key features of this successful business include:
*Taking $35,000 per week
*Very high profits on liquor sales (between 40-45%)
*4am Liquor licence
*Run under management
*Indoor and outdoor seating
*Prime main road location in a booming, sought after location
*300sqm premises
*Huge potential to increase sales with the introduction of deliveries
*Open 7 days per week
*$2,663 rent per week
For more information please contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199
Email: jeremy.gaolinkbusiness.com.au
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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