About the Business

CRE Brokers are pleased to exclusively present the Leasehold Business of Iron River Bar & Grill, a well-established and highly regarded hospitality venue positioned in one of South-East Melbourne's most prominent highway locations.

Strategically positioned on the ground floor of the Quest Frankston Apartments, the venue enjoys outstanding exposure to the busy Nepean Highway, surrounded by a thriving mix of retail, commercial, and residential developments. The property is just moments from the Frankston foreshore, a major drawcard for both locals and tourists year-round.

The restaurant and bar showcase a modern, well-designed layout, featuring open-plan booth and table seating, a fully equipped bar and service area, and a commercial kitchen complete with walk-in cool room and freezer. A street-front alfresco dining area further enhances the relaxed, coastal dining experience.

This is an exceptional opportunity for an owner-operator or hospitality group to acquire a proven, high-performing business with a strong local following, consistent turnover exceeding $1.8 million annually, and significant franchise or brand expansion potential.

With excellent visibility, heavy passing traffic, and a loyal customer base drawn from both locals and visitors, Iron River Bar & Grill stands out as a premier hospitality offering in the fast-growing Frankston region.