5-Day Bar Venue | Est. 1999 | Lease 2035 | Rarely Offered

$230,000 + SAV

Description

Opportunities to acquire a hospitality business with more than 25 years of proven trading history are exceptionally rare.

Established in 1999, this highly regarded venue has become part of Melbourne’s hospitality landscape, building a loyal customer following and strong market reputation over more than two decades of successful operation.

Operating just five days per week, the business offers an attractive balance between lifestyle and profitability while presenting significant upside for an incoming operator. The current trading model provides the opportunity to expand trading days, increase event utilisation and further develop existing revenue streams.

The venue combines a well-established bar operation with private events, functions and experiential hospitality offerings, creating a diversified income base and reducing reliance on traditional trade alone. The venue is supported by a fully equipped commercial kitchen and a highly valuable liquor licence permitting trade from 7:00am to 1:00am Sunday to Wednesday and 7:00am to 3:00am Thursday to Saturday, providing flexibility for a wide range of hospitality concepts and future growth opportunities.

The business benefits from a secure lease extending through to 2035, providing long-term operational certainty and allowing an incoming owner to focus on growth rather than tenure concerns. With established systems, experienced staff and a semi-managed structure already in place, the business is ideally suited to experienced owner-operators, hospitality groups, investors or industry professionals seeking a venue with genuine history, goodwill and future potential.

Key Features
• Established and continuously operating since 1999
• Highly regarded hospitality venue with over 25 years of goodwill
• Semi-managed operation with established team, systems and procedures
• Trading only 5 days per week
• Significant opportunity to expand trading days and revenue streams
• Secure lease in place until 2035
• Large 295sqm venue footprint
• Full commercial kitchen included
• Liquor licence permitting trade from 7:00am to 1:00am (Sun–Wed) and 7:00am to 3:00am (Thu–Sat)
• Multiple income streams including events and functions
• Loyal customer base and strong repeat trade
• Fully licensed operation
• Suitable for owner-operators, hospitality groups and investors
• Rare opportunity to acquire a long-established hospitality business

Businesses of this calibre and trading history seldom become available to the market.

Confidentiality Agreement required prior to the release of further information to qualified buyers.

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

Staff No

Established team of approximately 7-9 experienced staff in place supporting a semi-managed operation, providing flexibility for owner-operators, hospitality groups and investors alike. The current owner maintains limited involvement, allowing for a smooth transition to new ownership.

Lease Info

New lease of 5 x 5 to 2035

Trading Times

Wed, Thur & Sun 5 pm–12 am Friday 5 pm–3 am Saturday 2 pm–3 am Closed Mon & Tue

Size of Premises

Occupying approximately 295sqm, this character-filled hospitality venue offers a versatile layout designed to accommodate both regular trade and private events. The premises feature multiple customer areas, a fully equipped commercial kitchen, dedicated bar facilities and established operational infrastructure, allowing an incoming owner to continue trading immediately. The venue's size and configuration provide flexibility for a range of hospitality concepts, including bar, restaurant, functions, events and experiential offerings.

Opportunity

Operating only five days per week, this business presents a significant opportunity for an incoming owner to increase revenue through additional trading days, expanded event utilisation and further development of its already successful hospitality and experiential offerings. While the venue currently operates primarily as a beverage-led business, it benefits from a fully equipped commercial kitchen that is currently utilised on a limited basis, providing substantial upside for an operator looking to reactivate or expand food service and unlock additional revenue streams.

Reference No: ND07PB65

Business Listed by

Nathan Demellis

Hospitality Business Broker @ GSE Hospitality Brokers

I help hospitality business owners buy, sell cafés, restaurants, bars and hotels with practical advice built on more than two decades of real industry experience.

As a licensed hospitality business broker in Melbourne, I work exclusively with hospitality owners, operators and investors who are looking to buy, sell, value or strategically exit their businesses. Every recommendation is based on firsthand operational experience—not theory.

Before becoming a broker, I spent more than 25 years owning, operating and managing hospitality venues across Victoria. Having worked as a fine dining chef before building and selling multiple businesses myself, I understand the commercial realities of hospitality—the long hours, tight margins, staffing challenges, lease negotiations and ultimately, what makes a business genuinely valuable to the market.

Today, I combine that operational knowledge with specialist brokerage expertise to help owners maximise the value of their businesses while guiding buyers through informed acquisition decisions. Whether it’s a confidential off-market sale, a business valuation, an exit strategy or a full sale campaign, my focus is always on achieving the strongest commercial outcome for my clients.

I don’t approach hospitality from the outside looking in. I’ve built businesses, invested my own money, employed teams, negotiated leases and successfully exited venues. That experience shapes every appraisal, every marketing campaign and every negotiation.

If you’re looking for a Melbourne hospitality business broker who understands the industry because he’s lived it, I’d welcome a confidential conversation about your business and your goals.

One on One: Work directly with me from appraisal to settlement.

My services

Hospitality Business Sales
Buyer Advocacy & Acquisitions
Business Valuations
Exit Strategy & Sale Preparation
Off-Market Opportunities

Request more Information about this business

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I understand and agree to the GSE Confidentiality Agreement and Marketing Policy*
The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

Furthermore, we want to emphasize that your consent to receive marketing communications from GSE is entirely voluntary, and you have the option to opt-out at any time. In every marketing email sent by GSE, you will find a convenient unsubscribe link that allows you to manage your preferences and cease receiving such communications. We respect your privacy and strive to provide you with a seamless and flexible experience tailored to your needs.
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For Sale

Melbourne VIC