Summary
Operating in the heart of the Townsville CBD and featuring a popular espresso bar, licensed bar, high tea and private events space, this business offers something rarely found in the local market.
Location Details
224-226 Flinders Street, Townsville City
About the Business
Three Distinct Function Spaces | Combined Rent Only $3,666 per Month Incl GST
The Hoi is one of Townsville's most unique venues, operating from the beautifully restored historic Howard Smith Building in the heart of the CBD at 224-226 Flinders Street. Combining a popular espresso bar, licensed bar, high tea venue and private events space, this business offers something rarely found in the local market.
Operating across two separate leased premises, The Hoi provides exceptional flexibility, allowing the espresso bar and events business to operate independently or together as a seamless hospitality and events destination.
The Hoi features three distinct function and event spaces, creating opportunities for micro weddings, bridal showers, baby showers, birthdays, corporate events, high teas, private functions and exclusive venue hire.
* The Espresso Bar & Laneway – Up to 60 guests (subject to laneway closure)
* The Howard Smith Room – Up to 60 guests standing / 40 guests seated
* The Piano Room – Up to 30 guests standing / 15 guests seated
No expense has been spared in creating this stunning venue. From the carefully curated furnishings and décor to the premium finishes throughout, The Hoi exudes style, sophistication and charm at every turn.
Included in the sale is an extensive collection of furniture, décor, plant and equipment with an estimated asset value of approximately $100,000, providing an incoming purchaser with a strong turnkey foundation and reducing the need for significant additional capital expenditure.
The Espresso Bar benefits from approved trading hours from 1.00pm to midnight, seven days per week, together with a liquor licence and commercial kitchen licence, creating enormous potential to expand evening trade, cocktail service, live music events and private functions.
The adjoining laneway further enhances the venue's appeal, creating exciting opportunities for Sunday Sessions, live music, cocktail events, outdoor dining and unique hospitality experiences.
The current owners have created a truly special venue that stands out from traditional cafés and hospitality businesses. With multiple revenue opportunities already established and significant potential for further growth, The Hoi presents an affordable entry into Townsville's hospitality and events market.
Combining a premium fitout, affordable occupancy costs, valuable licences, three unique event spaces and significant growth potential, The Hoi presents an exceptional opportunity for an owner-operator, hospitality entrepreneur or events specialist.
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