Summary
PRICED FOR IMMEDIATE SALE, WIWO Exceptional investment opportunity in Melbourne's most vibrant dining precinct.
Location Details
Just 15 minutes from the CBD and adjacent to the thriving Sydney Road precinct. The venue capitalises on a captive high-rise residential market and neighbouring hotel accommodation, ensuring consistent foot traffic and strong local patronage.
About the Business
Business Overview
EXPERIENCED OPERATORS ONLY NEED APPLY
Only one year old and rapidly establishing itself as a destination dining venue, this Asian–Latin fusion restaurant and cocktail bar has already developed a loyal customer base and impressive repeat trade. Operating five nights per week, the business generates approximately $1.2 million in annual revenue—a remarkable achievement that demonstrates substantial untapped potential for growth and expansion.
Standout Features
State-of-the-art designer fit-out with establishment costs exceeding $1 million, featuring a striking dining space, sophisticated cocktail bar, and fully equipped commercial kitchen
Valuable 1am liquor licence, enabling late-night dining, premium bar trade, and special event hosting
Peak evenings achieved $16,000 per night
Fully managed operation, offering a genuine turnkey investment for hospitality operators and investors
Versatile commercial kitchen and premium infrastructure suitable for multiple cuisine concepts including modern Mexican, pan-Asian, or contemporary dining offerings
Growth Potential
With the venue currently closed two days per week, a new owner can significantly increase revenue through expanded trading hours, lunch service offerings, private functions, and special events. The strong existing performance on limited trading days indicates exceptional demand and clear pathways for revenue optimisation.
Investment Highlights
-Prime inner north Melbourne location with unparalleled foot traffic and local market advantage
-Proven business model with established customer loyalty and repeat trade
-Luxury fit-out and sophisticated hospitality environment that would cost significantly more to replicate today
-Flexibility to maintain current concept or re-conceptualise the venue to suit new ownership vision
-Hands-off management structure ideal for investor-focused ownership
-Premium liquor licence providing competitive advantage in late-night and event markets
-Premium hospitality venues of this calibre in Melbourne's inner north rarely become available.
This is an opportunity for serious hospitality investors and experienced operators to acquire a premium venue in one of Melbourne's most sought-after precincts.
Business is owned by the Landlord and management by large hospitality group. Ideal for owner operator with experience.
Call Nouha on 0411 755 568 for more information. Please complete Confidentiality Agreement in the link below.
https://www.mbs-public.com/public/1a1b1660-ed98-4141-8ab7-1b6af6e2e627/ca
Connect with us