Illumina Bar - Prahran

About the Business

Illumina may be small, but it certainly ticks all the boxes when it comes to a classic cocktail bar and shisha lounge. Positioned just off the junction of High Street and Chapel Street in Prahran, it has a location right in the heart of the action. The venue is relatively low-key from the street, making it something of a hidden gem for those who know where to find it.

There is footpath trading for eight, while stepping inside reveals a venue that has been thoughtfully designed and exceptionally well set up. Multiple high tables, plush furnishings and comfortable seating create an inviting atmosphere for patrons enjoying the popular cocktail towers. Neon lighting adds to the ambience and draws attention to the well-equipped bar running along one side of the main room. Head through the rear door and you will discover an added bonus, a small office and storage area leading through to a large, well-equipped commercial kitchen. The two rear toilets have been finished with attractive decor that complements the overall presentation of the venue which is in excellent condition.

Illumina operates under an On-Premises liquor licence until 1am, with an capacity of 40 patrons. There are just over four years remaining on the lease, with further terms available upon transfer. Rent is $1,200 per week, including GST. All fixtures and fittings are included in the sale, with no equipment or supplier contracts to be transferred.

Illumina is one of those businesses where you can simply collect the keys and get on with trading. It is an ideal opportunity for an owner-operator looking to enter the hospitality industry or, perhaps, a bartender ready to take the next step and become their own boss. The existing cocktail bar and shisha lounge concept can easily be continued, or a new owner could explore alternative hospitality concepts, particularly with the added advantage of the commercial kitchen. With its excellent fit-out, sought-after Prahran location, relatively low overheads and plenty of scope to grow, Illumina offers an exciting opportunity at an affordable entry price. Financial information is available demonstrating the venue's viability, particularly given the current vendor's limited day-to-day involvement as he concentrates on his other business interests.