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Iconic Melbourne Hospitality Business Opportunity For Sale

Richmond, Victoria, Australia
Asking Price:
$325,000 (AUD)
Turnover:
On request
Net Profit:
On request

An exceptional opportunity to acquire a well-established hospitality business in the heart of Richmond's thriving dining and entertainment precinct.

Business Highlights:

  • Prime corner location on a bustling street in Richmond, just minutes from Melbourne's CBD.
  • Established and highly regarded hospitality venue with strong brand recognition and an enviable reputation.
  • Beautifully restored Victorian-era building combining historic charm with stylish, contemporary interiors.
  • Multiple trading areas including a stylish main bar, expansive dining spaces, popular beer garden, versatile function spaces and provision to add a rooftop area
  • Fully equipped commercial kitchen and quality hospitality fit-out, allowing for a seamless transition to new ownership.
  • Flexible layout catering to dining, casual drinks, private functions and events.
  • Additional 10 upstairs rooms offering potential for alternative uses or additional revenue streams, subject to necessary approvals and lease conditions.
  • Excellent accessibility, with public transport, Melbourne's sporting precinct and a growing residential catchment nearby.
  • Outstanding opportunity for experienced hospitality operators or established groups looking to expand their portfolio.

A Richmond Institution with Endless Possibilities:

Positioned prominently on a corner, this is a landmark Melbourne hospitality venue that seamlessly blends rich history with contemporary style.

A well-known destination for locals and visitors alike, the venue has established itself as a popular venue for dining, social gatherings, drinks and private functions. Its prime position within Richmond's vibrant hospitality precinct provides excellent exposure and access to a diverse customer base.

Behind its striking Victorian façade lies a thoughtfully renovated and fully operational hospitality venue. Featuring expansive dining areas, a welcoming main bar, popular outdoor spaces and versatile function facilities, the business is perfectly equipped to cater to a broad range of customers and occasions.

The fully fitted commercial kitchen and quality existing infrastructure provide an attractive opportunity for an incoming operator to step into an established hospitality environment without the significant expense and complexities associated with establishing a venue from scratch.

The additional 10 rooms upstairs present further opportunities for an ambitious operator to explore alternative uses, accommodation or complementary business offerings, subject to relevant approvals and lease provisions.

Surrounded by Richmond's thriving residential community, bustling commercial activity and Melbourne's renowned sporting and entertainment precincts, the business benefits from an exceptional location with ongoing potential.

Whether you're an experienced hospitality operator seeking your next venture or an established group looking to expand your Melbourne footprint, this represents an exciting opportunity to take the reins of an iconic Richmond business and build upon its established identity.

This is a rare chance to secure a prominent hospitality business in one of Melbourne's most sought-after inner-city locations.

Property Information

Real Estate:

Lease

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