ALPHINGTON SOCIAL

RESTAURANT + WINE BAR FOR SALE

BUSINESS HIGHLIGHTS:

• Weekly sales $20,000 – $25,000
• Only trades 5 nights a week
• Stunning old building with real character
• Secure long lease in place until February 2040
• Exceptional fit out with separate function room and courtyard
• Licensed for 230 patrons until 12.30am (11pm courtyard)
• Large venue at 749 m2 – current rent $1,450 a week approx.
• Great corner location in the heart of Alphington
• All equipment owned outright and included in the sale
• Huge potential to grow the functions side of the business &/or increase trade hours
• Opportunity to complete the container bar in the courtyard with all infrastructure already in place i.e. beer taps, just some light cosmetic work is required to finish off the build

PRICE RANGE: $400,000 – $450,000 + Stock.

Jbb are excited to present Alphington’s most loved restaurant and wine bar to the market. Every suburb needs its landmark venue, and this is Alphington’s.

ALPHINGTON SOCIAL is well known for its pizza, cheese and wines as well as being a popular choice for functions with a licence for up to 230 patrons – 7 days a week.

The venue sits on a prominent corner location on Rowe Street and only 150 mtrs from Alphington Train Station and has plenty of street parking available, so the restaurant is well positioned for easy access for all diners. The building also has real character, set out in a stunning old bank building and the fit out is all class. Once inside you will get a real sense of warmth and comfort in a venue that oozes with charm. The fitout is sophisticated, and the vendors have kept the character of the building whilst giving the venue a refined facelift. With original timber floors and open fireplace, adding a taxidermied stag’s head which is fitted into an exposed-red-brick-wall, charcoal wainscotting and leather banquettes, and floor-to-ceiling cheese and charcuterie fridges. The venue also has a great sized function room upstairs complete with its own fully equipped bar and toilets.

The Italian inspired menu is creative and seasonal with a strong emphasis on bringing out the flavours of the fresh produce, making for the ultimate casual dining experience. A well curated wine list also puts this place on the map for serious wine buffs with a great selection of exclusively Australian wines. Fully licensed until 1am for up to 230 patrons over 2 levels + 60 seat courtyard, this venue is well set up to cater for both private functions and large group bookings. Whether it’s a snack and glass of wine, a quick dinner or settling in for a night out, Alphington Social has it covered.

This stunning venue is buzzing all year round with consistent sales and solid profit, confirming its reputation amongst the best of the best in the area. The business has plenty of upside as it’s only trading 5 nights a week, so there’s plenty of room for a buyer to increase trading hours or focus on function booking. Also, there is a great opportunity to finish off the container bar in the courtyard as all the infrastructure is already in place i.e. beer taps, just some light cosmetic work is required to complete the build, which would make a fantastic add on for functions and during the warmer months. This venue is truly unique. An inspection is guaranteed to impress. Call Karli to inspect 0409 965 540.