Hotels For Sale Motels For Sale in Fitzroy North Melbourne VIC

Bar Gloria

Advert Id: 398058, Sellers Ref: (1P6680)
  • Location: Fitzroy North, Melbourne, Victoria
  • Category:Hotel Motel B and B
  • Asking Price:Leasehold $95,000
  • 0
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

Bar Gloria is the very definition of a neighbourhood hospitality story. An intimate, welcoming wine bar positioned on St Georges Road in North Fitzroy, directly opposite Edinburgh Gardens.

In an era of increasingly corporate hospitality offerings, it remains rare to find a wine bar personally operated by a winemaker, showcasing his exceptional range of handcrafted Western Australian wines. The venue itself is charming. Guests enter past the footpath trading for eight patrons, stepping into a warm and inviting interior featuring exposed brickwork, timber finishes, beautiful lead-light windows, and an atmosphere that feels both established and timeless. Every corner of the space reflects care, character, and comfort. At the rear, a courtyard garden provides a drinking space, creating the feeling of relaxing in a friend's private garden. The bar is supported by a practical kitchen and storage area, offering flexibility for current operations or future menu expansion. A significant additional asset is the fully self-contained two bedroom apartment located upstairs. The apartment presents an attractive supplementary income stream, or alternatively provides an ideal live-in opportunity for an owner-operator seeking to minimise living expenses while remaining closely connected to the business.

Bar Gloria has an General Licence until 1am, on site, 11pm offsite providing flexibility for evening trade and private events. The lease offers good value, with combined rent for both the business premises and apartment at just $1,000 per week including GST. With six years remaining on the lease made up of 1 + 5. All plant and equipment included on the asset register are transferred with the sale, and there are no supplier agreements or equipment finance contracts to assume, ensuring a clean and straightforward transition for a new owner.

Bar Gloria is ideally suited to a first-time hospitality operator, experienced industry professional, wine enthusiast, or owner-operator seeking an established venue with strong foundations and genuine growth potential. With its loyal customer base, excellent presentation, affordable occupancy costs, valuable residential opportunities of this calibre are increasingly difficult to find in Melbourne's inner north. The vendor is seeking offers in the vicinity of $95,000 on a walk in walk out basis, for this exclusively listed, established boutique wine bar.

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