Sold business 3458682
​POPULAR RESTAURANT, BAR & FUNCTION VENUE
Business NO.:
3458682
Status:
Active
Price:
$450,000 - $500,000
Updated on:
17/02/2026

​POPULAR RESTAURANT, BAR & FUNCTION VENUE

Restaurant | Business for Sale | Alphington

Inner North-East Landmark | 20+ Years of Proven Success

BUSINESS HIGHLIGHTS

Annual turnover exceeding $1,000,000+

Adjusted annual net profit of $250,000

Secure lease to 2026 + 3 x 5-year options

Expansive 400m²+ high-profile premises in blue-chip commercial precinct

Two Liquor Licences – On-Premise (to 1am for 150 patrons) + Takeaway

Flexible dual-space layout ideal for dining, bar trade & private events

Rear courtyard + dedicated staff parking

Experienced team, strong systems & seamless operations in place

PRICE: $450,000 – $500,000 + Stock

A Rare Hospitality Opportunity Combining Scale, Profit & Prestige

An iconic hospitality destination with over two decades of continuous success, this restaurant, bar and event venue is deeply embedded in the local community. It is a recognised household name, synonymous with long lunches, vibrant evenings, milestone celebrations and premium private functions.

The substantial 400m²+ footprint offers exceptional flexibility and multiple revenue streams. Two distinct licensed areas allow simultaneous services, refined dining in one space and high-energy bar or function trade in the other. With approval to trade until 1am, the venue is perfectly positioned to maximise evening revenue.

The layout caters seamlessly to private events, corporate bookings and exclusive celebrations. Add the rear courtyard, staff parking and an established operational structure, and you have a genuine turnkey business ready to perform from day one.

Financially, the business delivers strong seven-figure turnover and an impressive, adjusted net profit of $250,000 p.a. Secure long-term lease options provide stability and future growth potential.

For experienced operators or ambitious hospitality professionals, this is a rare chance to acquire a proven performer with reputation, scale and significant earning power.

Opportunities of this calibre, in tightly held affluent precincts, are seldom offered to market. Contact Marc on

to confidentiality discuss this outstanding opportunity further.

*Due to confidentiality a generic photo has been used in this advertisement

For more details, please email broker or call agents.


281 Lygon Street, Brunswick East, VIC 3057