The Industrial - A warehouse-style bar and event space

Today, 1:24pm

Location:
Melbourne - Greater > Victoria

Investment level:
$95,000

Type:
Business

Industry:
Food & Drink > Pubs, Bars & Clubs

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Internal Ref: 1P6736

Summary

What started as two tradies looking for somewhere to enjoy a Friday knock-off drink has evolved into one of Sunbury's most versatile hospitality and entertainment venues. After purchasing the ware...

About the Business

What started as two tradies looking for somewhere to enjoy a Friday knock-off drink has evolved into one of Sunbury's most versatile hospitality and entertainment venues. After purchasing the warehouse next door, they created The Industrial that has grown far beyond its original concept. Today, it hosts live music featuring both local and touring artists, private functions, community events, corporate gatherings and, of course, remains the perfect destination for after-work drinks.

The venue's flexible industrial-style layout is one of its greatest strengths. The large front apron provides off-street parking or can be transformed into an outdoor entertaining space during the warmer months, increasing both capacity and atmosphere. Inside, the expansive warehouse features a container bar, open-plan floor space and a layout that can be quickly adapted for the many styles of events that can be held in the space. A mezzanine level offers an exclusive private function area complete with a balcony accommodating up to 28 guests. Both levels feature recently installed modern amenities, including brand-new toilets, and the venue presents in excellent condition.

The Industrial has an On-Premises Liquor Licence until 1:00am and a patron capacity of 200. The owners are offering a new 3 + 3 year lease at just $700 per week plus GST, representing exceptional value for a venue of this size and capability. All plant, fixtures and fittings are included in the sale, with no supplier or equipment finance contracts to assume, allowing a purchaser to step in and begin operating immediately.

The sale is driven purely by the owners' commitment to their growing construction business, leaving them unable to dedicate the time required to realise the venue's full potential. This presents an outstanding opportunity for an owner operator to build on the strong foundations already established. With low operating overheads, minimal local competition, flexible infrastructure and multiple income streams available through live entertainment, functions, private events and hospitality, The Industrial offers significant upside. The hard work has already been done. Simply bring your own vision and energy to unlock the venue's next chapter. The vendors are seeking offers around $95,000 to recover their establishment costs, making this an exceptional opportunity for an exclusively listed turnkey entertainment venue.

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