- Visa (Immigration)
- Suits those looking to migrate to Australia on a business visa. Read more about owning a business to meet visa requirements
- Self-managed
- Provides the opportunity to own and run your business for greater reward. Find out more about the difference between managed and non-managed investments.
- Small Business
- Is independently run, locally based, and offers the flexibility to do business the way you want.
FOR SALE: OMEN - ALBERT PARK – THRIVING BUSINESS IN A PRIME LOCATION
Omen, in Albert Park, offers a rare and exciting opportunity to acquire a successful hospitality business in one of Melbourne's most sought-after areas. Situated in the heart of Albert Park, this venue is not only known for its exceptional food and service but also for being a beloved local hub. With a fantastic fitout, strong community presence, and a prime location just moments away from key Melbourne landmarks, Omen presents an unbeatable business opportunity.
WHAT YOU NEED TO KNOW:
- Current Weekly Takings: $10,500
- Net Weekly Profit: $2,500
- Weekly Rent: $1,798
- Seating Capacity: 45 inside, 12 outside
- Liquor Licence : Up to 64 people, licensed until 11 pm
- Opening Hours: Tuesday to Saturday from 5:30 pm
- Owner-Operated: Run by 3 owners, each working 42 hours per week
- New Fit out: Over $250,000 invested in the stunning new interior, including a brand-new bar, walk-in freezer, and cool room
- Social Media Following: 3200 followers, consistently growing
- Customer Satisfaction: 4.9 Google rating, a testament to the venue's excellent reputation and loyal customer base
Key Features:
- Modern, Inviting Atmosphere: The newly renovated fitout includes stylish furnishings, a state-of-the-art bar, a walk-in freezer, and a cool room, creating a warm and welcoming space for guests. The venue is perfect for creating memorable dining experiences.
- Underutilized Outdoor Seating: With a spacious outdoor seating area for 12 guests, there is huge potential to increase revenue by utilizing this space more effectively, especially during warmer months.
- License for Up to 64 People: The business comes with a general liquor license allowing for a maximum of 64 guests, offering the flexibility to host larger groups and private events, increasing sales and customer engagement.
- Room for Growth: The business has multiple opportunities for expansion. Additional services such as catering, private events, and delivery could significantly increase revenue. The ability to use the outdoor seating more often, especially on sunny days and weekends, would instantly increase guest capacity.
- Turnkey Operation: The business is fully set up for continued success with everything in place. The current owners have built a smooth operational process, and with its strong local reputation, Omen Albert Park is a turnkey operation ready for a new owner to step in and take it to the next level.
Why Choose Omen?
Prime Location in Albert Park:
Albert Park is a highly desirable area in Melbourne, known for its picturesque surroundings, upscale residences, and vibrant community. The area is home to both long-term residents and a steady stream of tourists and professionals, all looking for quality dining options.
- High Foot Traffic: Omen is strategically located near Albert Park Lake, one of Melbourne's most popular outdoor spaces, and is just minutes from St Kilda Beach and the Melbourne Grand Prix Circuit. This ensures a constant flow of foot traffic, with both locals and visitors enjoying the venue.
- Vibrant, Upscale Community: The local demographic includes affluent professionals, families, and young residents who value quality food and exceptional service. The area is also known for its strong sense of community, which is reflected in the loyal customer base the venue has already cultivated.
- Easy Accessibility: Albert Park is well-served by public transport, including trams and buses, making it easy for customers to access the venue. Additionally, there is ample parking in the area, making it convenient for visitors who prefer to drive.
Opportunities for Further Growth:
- Expand the Menu or Offer New Services: Omen Albert Park has plenty of room for growth with additional menu offerings, private events, catering services, or even introducing a weekend brunch option. With the area's growing demand for premium dining, the possibilities are endless.
- Capitalize on Social Media & Community Engagement: With 3200 social media followers and a 4.9-star Google rating, the venue has an engaged customer base that is primed for new offerings, events, or promotions. Further investment in digital marketing could expand the venue's reach and boost sales.
- Utilize Outdoor Space: The outdoor seating area is currently underutilized, offering a perfect opportunity to increase guest capacity, especially during peak seasons like summer or during local festivals and events.
- Private Events & Functions: With its charming ambiance and license for up to 64 people, the venue is ideal for hosting private events, parties, and corporate functions, which could be a great way to increase revenue.
Why This Business is a Fantastic Investment:
- Proven Profitability: With weekly takings of $10,500 and a net profit of $2,500, Omen Albert Park is already a profitable business with a strong financial track record.
- Minimal Overheads: The weekly rent of $1,798 is manageable, and the location's potential ensures the venue remains in demand.
- State-of-the-Art Facilities: The over $250,000 investment in the fit out means that the venue is fully equipped for high-volume service and provides a sleek, modern environment that customers love.
- Ready for a New Owner: With the current owners working full-time in the business, it's an ideal opportunity for someone with a passion for hospitality to take over and run the business as is or put their unique spin on it.
This is a turn-key business with all the right ingredients for continued success and growth. Don't miss out on this incredible opportunity in one of Melbourne's most sought-after neighbourhoods!
Price Available Upon Request
For more information or to arrange an inspection, please contact us today. This opportunity won't last long!
For more details, please email broker or call agents.