Location:
Melbourne - Greater > Victoria
Investment level:
$350,000
Type:
Business
Industry:
Food & Drink > Pubs, Bars & Clubs
Established Melbourne hospitality venue with a rare 3am general licence and capacity for up to 500 patrons. Significant potential for a pub, bar, nightclub, functions or entertainment concept.
ESTABLISHED LATE-NIGHT BAR, PUB & ENTERTAINMENT FUNCTION VENUE IN MELBOURNE:
BUSINESS HIGHLIGHTS:
- Late Night (General) Liquor Licence permitting on-premises liquor service until 3am on most days
- Overall licensed capacity of up to 500 patrons across internal and external areas
- Existing operation concentrated across four trading days per week
- Substantial beer garden and deck with awning and retractable screens
- Ground-floor and upstairs bar infrastructure
- Established commercial kitchen, refrigeration and beer dispensing systems
- Existing sound, DJ and entertainment equipment
- Scope to develop food, beverage, entertainment, private functions and events
- Opportunity to reposition as a contemporary pub, late-night bar or functions, subject to relevant approvals
Late-Night Licence, Substantial Capacity and Established Infrastructure for Your Next Hospitality Concept
A venue's next chapter starts with what is already in place.
This established Melbourne hospitality venue brings together late-night licensing, substantial patron capacity and extensive indoor and outdoor infrastructure. For an experienced operator or hospitality group, those foundations offer scope to introduce a new concept or build upon the existing operation.
Currently combining food, drinks, DJs and functions across four trading days per week, the venue provides several avenues to explore. An incoming purchaser could refine the current offering, develop a contemporary pub or late-night bar, grow the functions and entertainment programme, or investigate a nightclub concept, subject to planning, licensing and other relevant approvals.
The supplied inventory details bar facilities across two levels, a commercial kitchen, beer dispensing systems, sound and DJ equipment, and a substantial beer garden and deck. Together, these provide a practical starting point for a purchaser considering refurbishment, repositioning or a different operating model.
Historical trading reflects a structure involving separate food and bar operators. Further financial information and an explanation of those arrangements are available in the Information Memorandum.
BOND INSIGHT:
The appeal of this opportunity lies in the combination of licence, capacity, infrastructure and flexibility.
An experienced purchaser can assess how the venue's indoor and outdoor spaces, existing equipment and late-night permissions could support their own hospitality concept. Opportunities may include a stronger beverage offering, a revised food concept, additional trading periods or a more developed functions and entertainment
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