Step into one of the Inner North Melbourne's most impressive hospitality venues! A fully licensed, beautifully designed wine bar and restaurant with a reputation for quality, atmosphere and consistency. Operating only four evenings per week, this business achieves strong weekly takings with clean, transparent financials and outstanding reviews. With all equipment owned outright and a high-growth precinct on its doorstep, this is the kind of opportunity that rarely reaches the open market. Whether you're an experienced operator, a chef looking to take the next step, or a group wanting a flagship venue with expansion capacity, this one stands out.
Key Highlights
-Licensed wine bar, restaurant + function space
-Takings up to $25,000 per week
-Average approx. $15,000 pw (with forecast uplift $16,000 pw and trending up towards $20,000 pw)
-Trading only 20 hours per week, enormous potential to scale
-All equipment owned outright
-5-star Google & OpenTable ratings
-Walk-in walk-out with clean books and transparent operations
-Prime position next to public transport
-High-growth area with 300+ new apartments due for completion
-Onsite accommodation
-60-seat capacity + approved outdoor seating
Financial Overview
-Stock: approx. $2,900/week
-Wages: approx. $3,600/week
-Rent: $2,850 + GST/month
-Outgoings: $1,640/week
-Staffed by 5 casuals + owner
-Secure lease: 14 months remaining + 2 × 3-year options
Why This Business Commands Attention
This is not your typical food-and-bev listing. Its strength lies in the combination of:
Exceptional reputation
Limited trading hours with high revenue
Significant demographic and population growth
Zero major capital expenditure required
Flexible operating model
Clean, verifiable financials
The venue is primed for operators who can see beyond the current schedule — brunch trade, daytime café operations, functions, catering, and expanded evening hours are all untapped.
Asking Price $349,000 + SAV
Vendor is open to serious and fair finance ready offers. Genuine enquiries only.
Property Code: 153
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