Premium Cremorne Hospitality Venue | Licensed | Rebrand Opportunity

An exceptional opportunity to secure a premium hospitality venue in the heart of Cremorne, offering a long secure lease, full liquor licence and the freedom to introduce your own brand and concept.

Located on the ground floor of a landmark mixed-use development, this beautifully designed venue presents a rare opportunity for an experienced operator to acquire a fully fitted hospitality business at a fraction of replacement cost. The current trading name is not included in the sale, creating the perfect platform for an established cafe operator, burger concept, quick-service restaurant, sandwich bar, licensed eatery or hospitality group looking to expand into one of Melbourne's most sought-after commercial precincts.

With approximately $800,000 invested in the fit-out, furniture, fixtures and equipment, an incoming operator can take advantage of the extensive infrastructure already in place and focus on launching a proven concept. The landlord is seeking a quality operator with a strong hospitality background and a compelling food and beverage offering that will complement the building and surrounding precinct.

Key Features

• Prime Cremorne location

• Long secure lease – 14 + 5 + 5 years commenced May 2024

• Fully licensed venue for 100 patrons

• Liquor licence until 11pm weeknights and midnight Friday & Saturday

• Seating for approximately 70 patrons (50 inside, 20 outside)

• Premium fit-out, furniture, fixtures and equipment package

• Commercial kitchen with extensive infrastructure included

• Trading Monday to Friday, 8am – 2pm

• Weekly turnover averaging $4,000 – $7,000

• Walk-In Walk-Out opportunity

• Ideal for an established hospitality brand seeking a Cremorne presence

• Landlord seeking an experienced operator with a strong food and beverage concept

• Opportunity to rebrand and launch your own proven concept

Asking Price: $100,000 WIWO

This is a rare opportunity to secure a premium hospitality venue in one of Melbourne's most tightly held commercial precincts without the substantial cost, time and risk associated with a new hospitality build.

For more information contact:

Nicole Maroush
Absolute Business Brokers
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