MACEDON WINE ROOM…. BISTRO + WINEBAR + FUNCTIONS 652 BLACK FOREST DRIVE - MACEDON 3440
BUSINESS Detail
BUSINESS DESCRIPTION
Breath-taking views, excellent food and an award winning wine list – A very special venue!
Boston Brokers welcomes to the market Macedon Wine Room located in the scenic Macedon Ranges. This is a fantastic hospitality opportunity to own a beautifully presented venue within one hour of Melbourne in the world renowned picturesque Macedon Ranges that often swells with day trippers enjoying the regions vast experiences on offer and the perfect business for a self-starter, couple or add to your additional restaurant portfolio. “The Sky is the Limit”.
Open fires in winter provide warmth whilst the balcony is the only place to be on a summer afternoon. All of this in a relaxed casual atmosphere so you can simply sit back and enjoy the best of the Macedon Ranges. An exceptional restaurant with panoramic views from Mt Macedon to Melbourne. Providing excellent cuisine to make your dining experience one to remember for all time while enjoying the great vista. The view is always different whether the sky is clear and bright blue or low clouds drape themselves across the mountain, Take advantage of the superb 180 degree views from Mt Macedon to the Melbourne CBD.
The business offers a range of dining options; breakfast, lunch and dinner with an A La Carte seasonal menu that offers a range of choices, from small dishes to classic European bistro plates and desserts. The dishes are simple, honest and true to the style of a modern bistro, with an affordable and exciting menu. The food might be distracting, but don’t forget about the wine. After all, where can you find a better place to enjoy a drop than somewhere with more than 170 bottles plus great wines available by the glass? The owners have poured all their experience into the ever-evolving list, featuring everything from light to full bodied, and bottles harking from all over the world, including France, Italy and Spain. Victoria is also well represented, with wines from all over the state making an appearance.
The restaurant has established an outstanding reputation for the high quality of food, wine and services offered with a loyal following of customers. This is reflected in the abundance of positive reviews evident on websites such as TripAdvisor, Smudge Eats, write-ups in The Good Food Guide, culinary magazines and the word-of-mouth amongst locals.
As well as casual dining, the open restaurant space is suited to larger gatherings and private functions, and has been a popular destination for wedding celebrations and a place to show events. Advance bookings currently exist through to 2018.
As per 2016 accounts the business generated an advised turnover of around $780,000 with a great gross profit. This is a great turnover that could be increased even further by maximising opening hours, and utilising online and social media presence.
The property has recently been refurbished with excellent fixtures, fittings and equipment and with exceptionally maintained grounds this would make a great opportunity for a purchaser looking for a walk-in trading opportunity. The owners are now looking to sell the business due to the desire to focus on other interests.
TENURE
We are advised the business is leasehold.
Original lease length: 15 years.
Remaining lease length as of 04/2017: 13 years
Rent: $6,400 per month inc gst.
HOURS
The business opening hours-
Monday: Closed
Lunch Wednesday – Sunday: 12pm – 2pm
Dinner 5.30pm – 8.30pm Sunday: Closed
STAFF
The business is run and managed by our client with the help of 6 members of staff.
FINANCIAL PROFILE
As per 2016 accounts the business generated an advised turnover of around $780,000 with a great gross profit.
HIGHLIGHTS
The business was originally established by our clients in 2014, set on an exclusive expansive allotment with hotel, spa and function centre.
Opportunity to acquire a renowned turn-key licensed leasehold and business in a popular regional tourist destination
Currently operating as Restaurant, Bar & Function venue, but can be converted into other concepts providing excellent flexibility with seating capacity for 100 covers.
Fully equipped commercial kitchen with excellent facilities, plus plenty of onsite parking
We feel there is scope to increase the turnover by extending the opening hours, as the business is currently run at a pace to suit our clients. A new owner could also embark on a modest marketing campaign to highlight the excellent food and service offered. This business is positioned in a growing area of Macedon Ranges where people value good food and wine.
Contact Martin Mashni from Boston Brokers on 0419 999 773 to arrange an inspection – early viewing must come highly recommended to avoid disappointment.
Open to negotiation.
