Profitable Local Pub for Sale in Melbourne Inner East

Description

Business type: boutique pub and hospitality venue

Location: Hawthorn East, Melbourne

Venue size: approximately 512 sqm

Capacity: approximately 300 patrons

Business overview

Established inner-east hospitality venue with dining, functions and live entertainment.

Community reputation: strong

Customer base: established

Financial growth: strong

Financial performance

Revenue growth over two years: approximately 150%

Current annual growth: approximately 30%

Profitability: established

Food and beverage

• Traditional pub meals
• Comfort food
• Wood-fired pizza
• Full dining menu

Venue

Floor area: approximately 512 sqm

Total capacity: approximately 300 patrons

Function capability: available

Wood-fired kitchen: in place

Live entertainment setup: established

Revenue streams

• Dining
• Functions
• Live music events
• Corporate bookings

Lease

Lease structure: 5 + 3 + 3 years

Lease security: long term

Location tenure: established

Customers

Young professionals: established

Local residents: established

Families: established

Social groups: established

Corporate customers: active

Location

Area: Hawthorn East

Melbourne CBD: nearby

Local demographic: affluent

Foot traffic: strong

Hospitality precinct: established

Market position

Neighbourhood reputation: strong

Community engagement: established

Word-of-mouth trade: strong

Local destination status: established

Transition

Sale reason: owner relocating interstate

Seller motivation: genuine

Opportunity

Established boutique pub.

Multiple revenue streams.

Large venue with function capacity.

Further growth potential: available.