Restaurant Bar, Prime Inner-City, TA $30,000 P/W

About the Business

An exceptional opportunity to acquire a large, long-established restaurant and bar located in a prime inner-city hospitality precinct only minutes from Melbourne CBD.

This substantial venue offers strong revenue, large seating capacity, and significant infrastructure, making it ideal for experienced operators or hospitality groups seeking a high-capacity restaurant and function venue.

Business Highlights
Annual Revenue: Avg $30,000+ per week
Seating Capacity: 100 patrons
Price: $390,000 (recently reduced)
Huge value of Equipment

Ground Floor Venue
Spacious restaurant with large dining area and fully licensed bar
Commercial kitchen with multiple preparation areas
Walk-in coolroom and freezer
Infrastructure designed for high-volume service

Upstairs Function Venue (Currently unused for a couple years and offering significant growth potential)
150+ seated or 200+ standing capacity
Existing licensed bar and commercial kitchen
Food lift connecting both kitchen levels
Separate street entrance, amenities and balcony area
Ideal for functions, weddings and private events

Upstairs can be included in the sale at no additional cost, but separate rental fee
(subject to landlord's approval).

Operations & Lease
Fully staffed operation with manager and experienced team in place
Current owner has retired and is only overseeing operations
Owner is also the landlord, providing potential lease security and flexibility

Asking Price: $390,000
(PRICED LOW TO SELL QUICK, DUE TO OWNER"S AGE)


Contact SAM VASLI from Expert Business Brokers
0432 579 502