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Inner North Restaurant & Bar | 5 Nights Only | State of Art Fit Out

Melbourne Region, VIC, ID 157650

Inner North Restaurant & Bar | 5 Nights Only | State of Art Fit Out 1
Inner North Restaurant & Bar | 5 Nights Only | State of Art Fit Out 1
Asking price:
AUD $389 000
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Description

Modern Restaurant and Bar for Sale - Inner North Melbourne An exceptional opportunity to acquire a trendy, contemporary restaurant and cocktail bar in Melbourne’s vibrant dining precinct. Located just 15 minutes from the CBD and next to the bustling Sydney Road area, this venue has quickly established itself as a popular destination. Only one year old, the Asian-Latin fusion restaurant generates approximately $1.2 million in annual revenue while operating five nights per week. The business has developed a loyal customer base and demonstrates strong potential for growth and expansion. Standout Features * State-of-the-art designer fit-out valued at over $1 million, including a striking dining space, sophisticated cocktail bar, and fully equipped commercial kitchen * Valuable 1am liquor licence, allowing late-night dining, premium bar trade, and event hosting * Fully managed operation, providing a turnkey opportunity for operators or investors * Versatile kitchen and premium infrastructure suitable for multiple cuisine concepts, including modern Mexican, pan-Asian, or contemporary dining Growth Potential * Venue currently closed two days per week, offering opportunity to increase revenue through extended hours, lunch service, private functions, and special events * Strong performance on existing trading days indicates clear potential for optimisation Business Highlights * Prime inner north Melbourne location with high foot traffic and local market advantage * Proven business model with established customer loyalty and repeat trade * Luxury fit-out and sophisticated hospitality environment difficult to replicate * Flexibility to maintain the current concept or rebrand under new ownership * Hands-off management structure ideal for investor-focused ownership * Premium liquor licence providing a competitive edge in late-night and event markets Premium hospitality venues of this calibre in Melbourne’s inner north are rare. This is a unique chance to acquire a fully operational, high-quality restaurant and bar with immediate revenue, professional management, and significant growth potential.

Details

Real Estate: Lease
Asking price: 389 000 aud

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