RESTAURANT & BAR – CITY FRINGE

$8.5M+ in annual sales | $1.6M net profit p.a. | Fully managed operation

An extraordinary opportunity to acquire one of Melbourne’s most iconic large-scale hospitality venues – a genuine powerhouse business generating $8.5 million in annual sales and $1.6 million net profit under full management.

Perfectly positioned riverside on the edge of the CBD, this venue boasts unrivalled water frontage, panoramic city skyline views, and a modern, high-impact fitout that sets the scene for premium dining and events.

Open 7 days a week with a late-night liquor licence until 1am and seating for 393 patrons, this vibrant hospitality destination is a proven performer, loved for corporate functions, special events, and large group dining. Opportunities of this calibre rarely hit the market, especially with the high-demand summer trading season just around the corner.

Located in the heart of Melbourne’s South Wharf precinct, the venue enjoys prime positioning within walking distance of Crown Casino, Melbourne Convention & Exhibition Centre, Pan Pacific Hotel and DFO South Wharf. With strong local, tourist and corporate trade all year round, visibility and accessibility don’t get better than this, it’s a flagship venue in one of Melbourne’s most dynamic hospitality zones.

Step inside and you’ll see why it stands out. The fitout is bold, creative and full of personality, with multiple indoor and outdoor zones perfect for everything from intimate dinners by the water to large celebrations under the city lights, this versatile space does it all. Back-of-house facilities include a fully equipped commercial kitchen with walk-in cool rooms and a separate prep kitchen, ensuring seamless high-volume service.

With summer approaching, now is the ideal time to step in and capitalise on peak trading conditions. This is a rare opportunity for experienced operators or investors to acquire a high-performing, fully managed business with an outstanding reputation and a prime riverside address.

BUSINESS HIGHLIGHTS:

• Annual sales exceeding $8,500,000+
• Net profit of $1,600,000 p.a. under full management
• Liquor licence for 393 patrons until 1am
• Two long leases in place – one with 21 years, the other 26 years remaining
• Distinctive, contemporary fitout with indoor/outdoor dining zones
• Spectacular city and riverside views from a premium South Wharf location
• Fully equipped commercial kitchen with walk-in cool rooms and separate prep kitchen
• Experienced and skilled team in place
• Open 7 days for lunch, dinner & functions
• Extensive forward bookings secured for 2025/26
• Full training and handover available

PRICE RANGE: $7.2 – $7.9 million

Call Marc on 0412 359 907 to arrange a confidential inspection today.