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POPULAR RESTAURANT, BAR & FUNCTION VENUE 

Inner North East
$450,000 - $500,000

Description

Inner North-East Landmark | 20+ Years of Proven Success

BUSINESS HIGHLIGHTS:

– Annual turnover exceeding $1,000,000+
– Adjusted annual net profit of $250,000
– Secure lease to 2026 + 3 x 5-year options
– Expansive 400m²+ high-profile premises in blue-chip commercial precinct
– Two Liquor Licences – On-Premise (to 1am for 150 patrons) + Takeaway
– Flexible dual-space layout ideal for dining, bar trade & private events
– Rear courtyard + dedicated staff parking
– Experienced team, strong systems & seamless operations in place

PRICE: $450,000 – $500,000 + Stock

A Rare Hospitality Opportunity Combining Scale, Profit & Prestige

An iconic hospitality destination with over two decades of continuous success, this restaurant, bar and event venue is deeply embedded in the local community. It is a recognised household name, synonymous with long lunches, vibrant evenings, milestone celebrations and premium private functions.

The substantial 400m²+ footprint offers exceptional flexibility and multiple revenue streams. Two distinct licensed areas allow simultaneous services, refined dining in one space and high-energy bar or function trade in the other. With approval to trade until 1am, the venue is perfectly positioned to maximise evening revenue.

The layout caters seamlessly to private events, corporate bookings and exclusive celebrations. Add the rear courtyard, staff parking and an established operational structure, and you have a genuine turnkey business ready to perform from day one.

Financially, the business delivers strong seven-figure turnover and an impressive, adjusted net profit of $250,000 p.a. Secure long-term lease options provide stability and future growth potential.

For experienced operators or ambitious hospitality professionals, this is a rare chance to acquire a proven performer with reputation, scale and significant earning power.

Opportunities of this calibre, in tightly held affluent precincts, are seldom offered to market. Contact Marc on 0412 359 907 to confidentiality discuss this outstanding opportunity further.

  • Inner North East, Melbourne, Australia

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