ICONIC HOSPITALITY VENUE

Fitzroy

Asking price

$65,000 + GST

UNBEATABLE LOCATION | 3AM LIQUOR LICENCE | ASSET SALE

A legendary Fitzroy location. A priceless 3am liquor licence. Your next hospitality venture starts here!

Positioned in the heart of Fitzroy’s vibrant nightlife precinct on Johnston Street, this well-known licensed venue presents an exciting opportunity for an experienced hospitality operator to secure an established late-night venue at an exceptional entry level price.

Previously one of Melbourne’s most recognised nightlife destinations, this multi-level venue offers an outstanding foundation for a new concept, in an incredible location, excellent fit out, an extremely valuable late-night liquor licence included in the sale price.

The business is no longer trading and is being offered as an asset sale, giving a new operator the opportunity to bring their own vision, branding and concept to this iconic Fitzroy address.

Even better, the landlord is prepared to offer a new long-term lease to an experienced operator, providing the opportunity to secure the premises and create something special for the future.

VENUE HIGHLIGHTS

ONLY $65,000 + GST – exceptional value for an established hospitality venue and its assets.
3AM LIQUOR LICENCE – valuable late-night liquor licence included in the asking price, operating 365 days a year.
BOTTLESHOP LICENCE – additional licence permitting packaged liquor sales until 11pm.
OUTDOOR AREA – fantastic outdoor seating and a dedicated smoking area.
350-PATRON CAPACITY – existing liquor licence allows up to 350 patrons across multiple levels.
PREMIUM FIT-OUT – existing venue infrastructure as inspected
UNBEATABLE LOCATION – prominent Johnston Street position in the heart of Fitzroy’s renowned hospitality and entertainment precinct.
NEW LONG-TERM LEASE AVAILABLE – landlord willing to negotiate a new lease with an experienced hospitality operator.
FLEXIBLE CONCEPT – ideal foundation for a new bar, live music venue, late-night entertainment concept or hospitality destination.

THE OPPORTUNITY

Opportunities to secure a venue in this location, with this level of licensed capacity and late-night trading permissions, are exceptionally hard to find. Whether you’re an established hospitality group looking to expand, an experienced bar operator ready to launch your next concept, or an operator seeking a venue with genuine late-night potential, this venue deserves your attention.

The hard-to-replicate combination of location, 350 patron licensed capacity and a 3am liquor licence makes this a compelling opportunity for the right operator.

ASKING PRICE: $65,000 + GST

Don’t miss the opportunity to secure this iconic Fitzroy venue and make it your own.

Call Marc today on 0412 359 907 to discuss this opportunity or arrange an inspection.

Confidentiality agreement

Interested in this business?

Our sellers trust us to keep their business confidential. Please complete and sign the agreement below — you’ll receive a copy by email, and one of our brokers will contact you to talk through the business.

CONFIDENTIALITY AGREEMENT

PROSPECTIVE PURCHASER DETAILS

Full Name:

Company (if applicable):

Address:

Suburb:Postcode:

Mobile:Email:

BUSINESS DETAILS

Business NameICONIC HOSPITALITY VENUE

Address (if applicable)Fitzroy

CONFIDENTIALITY UNDERTAKING

In consideration of Just Business Brokers (JBB) providing confidential information about the above business (the Business), I/we agree to the following:

1. Confidentiality: All information provided about the Business, including financial records, trading details, lease information and other business documents, must be kept strictly confidential.
2. Purpose: Confidential information may only be used to assess the opportunity to purchase the Business and must not be used for any other purpose.
3. Disclosure: Confidential information must not be disclosed to any third party, except professional advisers or representatives directly involved in assessing the purchase, provided they agree to maintain confidentiality.
4. No Contact: I/we must not contact the Business’s owners, employees, customers, suppliers, landlord or other associated parties directly or indirectly without prior written approval from JBB.
5. No Disclosure of Interest: I/we must not disclose to any third party that the Business is for sale, that confidential information has been provided, or that discussions or negotiations are taking place.
6. Return of Information: Upon request, all confidential information and copies must be promptly returned or destroyed.
7. Exclusions: These obligations do not apply to information already lawfully known to the recipient or information that is publicly available, other than through a breach of this Agreement.

This undertaking applies to the recipient and any person to whom confidential information is disclosed under this Agreement.

ACKNOWLEDGEMENT

I/we acknowledge that a breach of this Agreement may cause financial loss or damage to the Business and its owners, and agree to be bound by the above terms.

Signature:

Date:12 November 2026

I have read and agree to be bound by this Confidentiality Agreement.Typing your name in the signature line and ticking this box is your electronic signature. You’ll receive a PDF copy by email.

Your details are only used by Just Business Brokers to discuss this business with you. One of our brokers will contact you before any further information is provided.

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