Under Offer - Licensed Custom Cocktail Bar And Restaurant – Balwyn, Vic
Balwyn, Victoria 3103
SOLD
Key Features
AI generated. Contact seller to confirm.
- Architecturally designed bespoke bar and restaurant
- 180 sqm premises with seating for 90+ patrons
- Pre-booked functions and strong repeat clientele
- Late-night liquor licence offers extended trading potential
- Registered for photo shoots; minimum spend $2,300 plus GST
- High-spending clientele with per capita spend above $69
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: $1,700 per week
- Stock Value: Included
- Established: Not disclosed
Business Details
Business Category Restaurant
Business ID: XB152313
Turnkey Opportunity – Asset Sale
An exceptional opportunity awaits an experienced hospitality operator – or a family/couple – with this custom cocktail bar and restaurant in one of Melbourne’s most exclusive suburbs. Boasting an exquisite interior designed by renowned decorator Jane Gorman, this near-new establishment offers significant growth potential with no further investment required.
Key Features:
- Architecturally Designed: Bespoke bar and restaurant in a prestigious suburb.
- Spacious Premises: 180 sqm with seating for 90+ indoors and outdoors.
- Pre-Booked Functions already in place.
- High-Spending Clientele: Per capita spend above $69.
- Versatile Spaces: Generous dining areas and multi-purpose function rooms with two entry points.
- Event Hosting: Ideal for weddings, engagement parties, bridal showers, birthdays, and more.
- Culinary Excellence: Specialising in Australian-inspired share plates, complemented by an extensive cocktail and wine menu.
- Unique Offering: No other late-night licensed cocktail bars nearby.
- Convenient Location: Close to tram stops and public transport, with ample on-site parking.
- Expansion Potential: Late-night liquor licence provides scope to extend trading hours.
- Loyal Customer Base: Strong local following and repeat clientele, supported by dedicated staff in key roles.
- Effective Marketing: Active presence on social media, Australian Good Food Guide, Mailchimp campaigns, and Google Ads.
- Solid Lease: Supportive landlord with rent approximately $1,700 per week.
- Additional Revenue Stream: Registered with Pure Locations for photo shoots and filming (including music videos) during off-hours. Minimum spend is $2,300 plus GST for four hours, with higher rates for extended bookings.
This thriving business is ideal for a new owner seeking a strong work/life balance or for an operator looking to expand. Build on the established brand by hosting more functions, marketing to the local community, and utilising the late-night liquor licence. A perfect venture for a full-time owner/operator or a restaurant group wanting to add a unique and established venue.
Price: $170,000 WIWO (Asset Sale)
Property Code: 3331
Turnkey Opportunity – Asset Sale
An exceptional opportunity awaits an experienced hospitality operator – or a family/couple – with this custom cocktail bar and restaurant in one of Melbourne’s most exclusive suburbs. Boasting an exquisite interior designed by renowned decorator Jane Gorman, this near-new establishment offers significant growth potential with no further investment required.
Key Features:
- Architecturally Designed: Bespoke bar and restaurant in a prestigious suburb.
- Spacious Premises: 180 sqm with seating for 90+ indoors and outdoors.
- Pre-Booked Functions already in place.
- High-Spending Clientele: Per capita spend above $69.
- Versatile Spaces: Generous dining areas and multi-purpose function rooms with two entry points.
- Event Hosting: Ideal for weddings, engagement parties, bridal showers, birthdays, and more.
- Culinary Excellence: Specialising in Australian-inspired share plates, complemented by an extensive cocktail and wine menu.
- Unique Offering: No other late-night licensed cocktail bars nearby.
- Convenient Location: Close to tram stops and public transport, with ample on-site parking.
- Expansion Potential: Late-night liquor licence provides scope to extend trading hours.
- Loyal Customer Base: Strong local following and repeat clientele, supported by dedicated staff in key roles.
- Effective Marketing: Active presence on social media, Australian Good Food Guide, Mailchimp campaigns, and Google Ads.
- Solid Lease: Supportive landlord with rent approximately $1,700 per week.
- Additional Revenue Stream: Registered with Pure Locations for photo shoots and filming (including music videos) during off-hours. Minimum spend is $2,300 plus GST for four hours, with higher rates for extended bookings.
This thriving business is ideal for a new owner seeking a strong work/life balance or for an operator looking to expand. Build on the established brand by hosting more functions, marketing to the local community, and utilising the late-night liquor licence. A perfect venture for a full-time owner/operator or a restaurant group wanting to add a unique and established venue.
Price: $170,000 WIWO (Asset Sale)
Property Code: 3331
What's Nearby
Nearby Locations
Similar Businesses For Sale
Beautiful Cafe/restaurant That Has It...
Business For Sale | MALVERN EAST$75,000
Cafe Restaurant
Restaurant - Thai Cuisine
Business For Sale | SANDRINGHAM$248,000 + Stock
Restaurant
