Location:
Preston 3072 > Melbourne - Greater > Victoria
Investment level:
$180,000 + SAV
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Listing ID: SBA2655
A rare opportunity to acquire a vintage hotel-style pub and restaurant venue in a vibrant Preston precinct, offering multiple income streams and outstanding flexibility for the incoming operator. Currently trading 5 days per week and generating approx. $14,000 weekly takings, the business is fully set up for smooth day-to-day operations, with functions and regular event nights already established.
Importantly, this venue should not be viewed as “one concept only.” It is a true blank canvas hospitality asset—ideal for operators wanting to continue the current model, or reposition into a pub, restaurant, pizza bar, entertainment venue, function-focused operation, or hybrid concept. With two floors, strong capacity, and low ongoing costs, it presents a proven, low-risk foundation with clear upside.
Key Highlights:
* Approx. $14,000 weekly takings (currently 5 days trade)
* Vintage hotel / pub & restaurant style venue with strong character and atmosphere
* Two floors – ideal to operate separate zones (main trade + function/entertainment space)
* Functions already operating with repeat demand
* 150-person liquor licence
* Approx. 160 seats
* Woodfire pizza offering in place
* Regular events history including comedy nights – proven community engagement
* Strong sense of culture + loyal regular clientele
* Low staffing requirement – efficient operating model
* 5 beer taps + dedicated beer room
* Additional shop included in the building – ideal for a bottle shop or complementary business
* Turnkey – walk in and continue trading from day one
* Hands-on training provided to ensure a smooth transition
Growth Opportunities:
*Extend trading from 5 days to 6–7 days to increase turnover
*Strong local demand for breakfast from regulars – introduce breakfast for additional revenue
*Expand functions and events to further lift profitability (comedy, trivia, live entertainment, corporate/private bookings)
*Activate the additional shop as a bottle shop or takeaway/retail add-on to create another revenue stream
Price is negotiable. Enquire for further information and to arrange a confidential inspection.
Agent- Vasudev Dutta (Dev)
Mobile- 0432 859 028
Email- [email protected]
Disclaimer:
Please note that some details about the business for sale are confidential. Disclosure of such information is subject to the completion of a Confidentiality Agreement and at the discretion of the broker. Images are for advertising purposes only and may not reflect the actual business. The displayed suburb may differ from the actual location.
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