Discover an exceptional opportunity in Melbourne's most vibrant dining precinct. This trendy, modern restaurant and bar is perfectly positioned in inner north Melbourne, just 15 minutes from the CBD and adjacent to the thriving Sydney Road precinct.
Only one year old and rapidly establishing itself as a destination dining venue, this AsianLatin fusion restaurant and cocktail bar has already developed a loyal customer base and impressive repeat trade. Operating five nights per week, the business generates approximately $1.2 million in annual revenue a remarkable achievement that demonstrates substantial untapped potential for growth and expansion.
Standout Features
- State-of-the-art designer fit-out with establishment costs exceeding $1 million, featuring a striking dining space, sophisticated cocktail bar, and fully equipped commercial kitchen
- Valuable 1am liquor licence, enabling late-night dining, premium bar trade, and special event hosting.
- Fully managed operation, offering a genuine turnkey opportunity for hospitality operators and investors.
- Versatile commercial kitchen and premium infrastructure suitable for multiple cuisine concepts including modern Mexican, pan-Asian, or contemporary dining offerings
Growth Potential
With the venue currently closed two days per week, a new owner can significantly increase revenue through expanded trading hours, lunch service offerings, private functions, and special events. The strong existing performance on limited trading days indicates exceptional demand and clear pathways for revenue optimisation.
Business Highlights
- Prime inner north Melbourne location with strong foot traffic and local market advantage
- Proven model with established customer loyalty and repeat trade
- Luxury fit-out and sophisticated hospitality environment that would cost significantly more to replicate today
- Flexibility to maintain current concept or re-conceptualise the venue to suit new ownership vision
- Hands-off management structure ideal for investor-focused ownership
- Premium liquor licence supporting late-night and event trade
Premium hospitality venues of this calibre in Melbourne's inner north rarely become available. This is a rare opportunity to acquire a fully operational, high-quality restaurant and bar with immediate revenue generation, professional management, and substantial growth potential.
For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - xxxxxxxxxx/1a1b1660-ed98-4141-8ab7-1b6af6e2e627/ca
DRU
Managed Inner North Restaurant & Bar | 5 Nights Only | State of Art Fit Out
Melbourne Region, VIC
Asking Price
$389,000
Revenue
Profit
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