Best Bar Winner 3 Years Running | Under Full Management | High Margin Alcohol Only Model

Description

This is more than just a bar; it’s a Melbourne nightlife institution. For 10 plus years, this venue has been a cornerstone of the city’s late night scene, renowned for its vibrant atmosphere, consistent trade, and high margin drinks focus. With no reliance on coffee or daytime trade, the business thrives purely as a bar – delivering strong profitability, streamlined operations, and a model perfectly suited to an experienced operator or savvy investor.

Currently operating under full management, this venue offers both an attractive hands off investment and the potential for even greater profitability under an owner operator. Located in one of Melbourne’s busiest hospitality strips, the venue benefits from constant foot traffic, a strong surrounding mix of operators, and a large, dedicated following of loyal patrons who return week after week. A brand new 10 year lease provides the security and stability needed for long-term growth.

Why This Opportunity Stands Out?
• Iconic Melbourne nightlife venue with proven performance.
• Alcohol only model – streamlined operations & strong margins.
• Under full management – turnkey investment or growth opportunity.
• Large, dedicated following of regular patrons.
• Prime location in a high traffic entertainment precinct.
• Stylish, well maintained fit out and equipment included.
• Brand new 10 year lease securing future stability.
• Upside through events, late night promotions, and targeted marketing.
• Best Bar Winner 3 Years Running

Whether you’re looking to secure a flagship bar or acquire a reliable, high return hospitality business, this is a rare Melbourne opportunity not to be missed.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

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Business Listed by

Nathan Demellis

Licensed Real Estate Agent, Business Broker (VIC) and Hospitality Consultant @ GSE Hospitality Brokers

I began my journey in Melbourne’s most esteemed kitchens, including Crown Casino restaurants and the iconic Cecconi’s, where I trained alongside industry leaders. Later, as sous chef at St Kilda’s renowned Stokehouse, I developed the leadership and operational expertise needed to excel in high-pressure environments. These early experiences laid the foundation for my success in ownership, management, and consultancy.

I specialise in helping hospitality operators achieve their goals—whether that’s maximizing the value of their business, developing exit strategies, or securing the perfect acquisition.

Over the years, I’ve led the development and growth of numerous successful ventures, including the franchise expansion of Ena Greek Street into Westfield centres and ownership of several thriving coffee shops in Melbourne’s CBD, outer suburbs and the Mornington Peninsula. I’ve dedicated my professional life to creating, managing, and elevating high-performing hospitality businesses.

At GSE Melbourne, I bring this wealth of experience to the brokerage space, empowering clients with honest, transparent, and data-driven advice. Whether guiding a business through a seamless exit transition or identifying opportunities for growth, my focus remains on creating success stories for hospitality operators. My track record in assembling high-performing teams, optimizing operations, and driving profitability sets me apart as both a trusted advisor and an industry insider. Specialist knowledge with practical solutions.

If you’re ready to explore new opportunities, grow your business, or plan your next chapter, let’s connect. Together, we’ll build a strategy that aligns with your vision and delivers measurable success.

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