WESTWOOD FOOD & WINE – WEST MELBOURNE

WINE BAR & RESTAURANT FOR SALE

“Amazing wines, great staff, delicious food – A real GEM in the heart of West Melbourne”

Located in a stunning Victorian-era terrace house on Victoria Street, you will find this incredibly popular Wine Bar & Restaurant – Westwood. After opening its doors in July 2018, the venue quickly became renowned for serving some of the best food and wine in the area.

Westwood has all the perks of a high-profile location with great foot traffic and main road exposure, without the expensive rental often found in neighbouring suburbs. The interior space has been carefully thought out and beautifully executed with real character. When you step inside you get a real welcoming and lived in vibe thanks to the use of warm timber furnishings and mood lighting, yet the space also has great open and bright feel thanks to the natural light beaming in through the huge front windows. The venue also has a good-sized commercial kitchen and storage area, as well as a versatile floorplan and has a general liquor license to seat 50 patrons inside & outside.

As with any fabulous wine bar, the food menu is strong with great cheese and charcuterie selections as well as a full dinner/set menu service with a seasonally driven European inspired menu that highlights its quality ingredients. The venues menu is rotating and versatile which allows it to easily cater for private functions, events as well as larger group bookings. Westwood also offers an extensive list of both local and imported wines as well as beers and ciders.

The business has an excellent online presence with a google rating of 4.8, fantastic online customer reviews, strong social media following plus most recently been reviewed in The Age and ‘recommended’ in the Good Food Guide for 2023. Westwood is perfectly positioned and ready for a purchaser to take over and start making money from day 1. With a genuine vendor ready to do a deal over summer, there is no better time to look at this outstanding opportunity. This is a must see for any genuine wine buff. Call Marc 0412 359 907

BUSINESS HIGHLIGHTS:

• Sales of $300,000 pa
• Cheap rent at $30,000 pa approx.
• Net profit of $75,000
• Great location in high foot traffic area
• Fantastic fitout with over $90,000 worth of equipment/assets included in the sale
• Short trade hours only 25 hours a week over 4 days
• Easy to run – low staffing required
• 4.8 star google rating and outstanding online reviews
• Excellent write ups in The Age, Broadsheet & Good Food Guide 2023
• Lease extension available for experienced buyer
• Fully licensed for 50 patrons until 11pm Mon – Fri (10pm Sundays)
• General liquor licence so takeaway bottles are available

OFFERS INVITED

Call Marc 0412 359 907