Hydrant Bar - A Charming And Stylish Local Retreat

172 Burnley Street, Richmond, Victoria 3121

Leasehold $95,000

Key Features

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  • Five-star reviews across all platforms
  • Capacity of twenty patrons inside
  • General licence: on-premises until 1am, off-sales until 11pm
  • Immaculate condition; fixtures and fittings included
  • Seamless online ordering system for takeaway
  • Plumbing and sliding window in place for coffee service
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: $490 per week plus all outgoings, six years remaining (3+3)
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category

It is a rare thing to find a venue where every review across all platforms is five stars, yet The Hydrant Bar, located on the junction of Burnley Street and Bridge Road in Richmond, proudly boasts exactly that. This is a charming and stylish local retreat, loved by regulars for its warmth and comfort, and embraced as a welcome escape from the hustle and bustle of the neighbourhood.

From the street, the Hydrant has seating for eight, where locals and their dogs are encouraged to relax together. Stepping inside, you enter a cleverly designed and intimate space that makes perfect use of every corner. The bar is framed by shelves of premium spirits, wine fridges and specialty products, while steampunk-inspired stools provide seating at the bar. Beyond the bar, the room opens into a series of cosy armchairs and coffee tables, creating a relaxed lounge atmosphere where patrons feel instantly at home. The venue is immaculate, beautifully presented, and requires no further investment-what you see is exactly what you get, including the convenience of a seamless online ordering system for takeaway sales.

The Hydrant Bar operates under a General Licence allowing on-premises service until 1am and off-premises sales until 11pm, with a capacity of twenty inside. The lease is secure, with six years remaining on a 3+3 term and rent of $490 per week plus all outgoings. All fixtures and fittings are included in the sale and are in excellent condition. There are no contracts to transfer, although an extensive supplier list will be provided to ensure a smooth transition.

The current owner has run the business as a passion project, driven more by his love of whiskey and wine than the demands of scale. For this reason, The Hydrant Bar is ideally suited to an owner-operator who values lifestyle as much as business-someone semi-retired looking for a rewarding project, or perhaps an individual balancing another role who would appreciate a venue that is simple to operate, with low overheads and a stellar reputation. There is also potential to grow the offering, with plumbing and a sliding window at the front already in place for a coffee service should a new owner wish to expand. And with the freehold also available this gives further security for the business.

The Hydrant Bar is being offered for a sale price of $95,000, inclusive of all equipment and fit-out. More than just a business, it represents an enviable lifestyle opportunity with ongoing income streams.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR

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Bsale ID: 669634

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