69 Thompson Avenue, Cowes VIC 3922

$280,000.00

Cohiba Bar - Cowes Phillip Island

Phone enquiries - please quote property ID 28152.

Welcome to Cohiba Bar. We are situated on the busiest roundabout in the heart of Phillip Island, Cowes. This buzzing little bar is prime for that taking, just waiting for the next person to take on this adventure and take it to the next level.

COHIBA cannot be missed, with its bright pink and green neon lights that can be seen through the main strip of Cowes and its large sweeping outdoor dining area comfortably seating up to 40 patrons. Combined with the capacity of 74 patrons inside allows for more than enough seats to make this little bar pump.

From the plush green and pink chairs to the gleaming golden bar and shelves, this is a unique and rare place for Phillip Island. Kitted out with a commercial kitchen most chefs dream about, the options for food and styles are endless.

We have been operating since early August and took the leap of faith during Covid-19. Even with restricted numbers, we made a considerable profit. When we were allowed to operate with our full capacity then our potential was released. Operating 5 days a week currently and 6 during peak season there is still the opportunity for growth with a potential for a later trading license and opening for lunches more frequently.

Situated on arguably the busiest corner in Cowes, you have excellent rent and low overheads, coupled with very reasonable rates considering the size of the venue. Our social media presence is exceptionally strong for the short time we have been operating and has an incredibly high rate of customer engagement.

There is an extremely reasonable lease in place with options. Further financial information is available upon request.

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