Have you ever wanted to own your own sports bar in one of Melbourne’s most high-profile hospitality strips? This is your opportunity.
Positioned on a prominent corner of Lygon Street, this modern sports bar is only 10 months old and features a premium, state-of-the-art kitchen fit-out alongside a stylish, fully designed interior. Currently operating under management, it’s perfectly set up for an owner-operator or investor to take it to the next level.
💰 Business Highlights:
Current turnover: $9,000 – $11,000 per week
Net profit (under management): ~$1,500 per week
Projected owner-operator net profit: $3,000+ per week
Trading only 5 days per week – significant room to grow
📍 Key Features:
211 sqm prime corner location with high exposure
Licensed outdoor seating area – perfect for street appeal and increased capacity
Liquor licence for 106 patrons until 1am, 7 days (extremely rare and valuable)
Long lease: 12 years remaining (1.5 + 5 + 5)
Rent: $1,160/week + GST + outgoings
Includes 4 car spaces
Fully fitted, nothing more to spend
This venue has been built right, with all the hard work already done. With extended trading days, events, and strong local marketing, there is clear upside for growth.
Ideal for:
Hands-on owner-operators
Hospitality groups expanding their footprint
Investors looking for a near-new venue with upside
📩 Serious enquiries only