A Landmark Hospitality Asset with Pratty’s Patch

2 days ago

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Summary

Pratty’s Patch pub, restaurant, and freehold available delivering a seven-figure turnover.

About the Business

A landmark venue that blends historic charm with modern profitability, Pratty’s Patch is an iconic 1860s stone cottage turned high-performing hospitality venue with freehold ownership. Located just 10 minutes from Bendigo’s city centre in the rapidly growing region of Maiden Gully, Victoria.

Housed in a beautifully preserved 1860s stone cottage, this iconic property spans 6,569m², offering investors a thriving business and a valuable landholding with the opportunity to acquire the adjoining 4,568m² vacant lot. The only licensed venue in Maiden Gully, this multi-revenue stream business is a community icon, wedding destination, and event space.

Pratty’s Patch has a team of twelve employees, including a head chef, chef, apprentice chef, and wait staff, who ensure a well-run kitchen and dining/ drinks service. The venue has a commercial kitchen, two outdoor beer gardens, a public bar with dining space for 180 patrons and four private dining spaces.

The Key Features

- Seven-figure turnover and mid-six-figure returns.

- Land size of 6569m2 and building size of 568m2.

- General residential zoned land.

- The only licensed venue and takeaway in Maiden Gully.

- Diverse revenue streams include events, weddings, takeaway, and private functions.

- Strong brand and community presence with over 7,700 Facebook followers.

- A unique blend of historic charm and modern functionality.

- Ideal venue for marketing and destination branding.

- Onsite accommodation or managers residence.

- Separate one-bedroom residence at the rear of the property.

- Liquor licence for 180 patrons until 1am.

- Historic 1860s sandstone cottage with old-world charm.

This is a unique opportunity for investors seeking a tangible asset with strong current returns and long-term capital growth potential. Pratty’s Patch is not only a beloved local institution but a scalable business with a distinct competitive edge in a vibrant and expanding regional market.

Complete your online enquiry for a confidential discussion and receive a comprehensive Business Review.

Price $2,950,000 + S.A.V. (Includes Freehold)

Finn Business Sales
Anthony Dickson
0431 279 400
[email protected]

*Consulting, migration, and finance services available.
*Images are used for advertising purposes. Actual business images may not appear.

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