BAR – COLLINGWOOD

A Standout Bar in the Heart of Collingwood

$1M Annual Sales | $170K Net Profit | Iconic Smith Street Location

BUSINESS HIGHLIGHTS:

Annual sales of $1,000,000 approx.

Adjusted net profit $170,000 p.a

Currently trading just 5 nights per week

Fully licensed for 97 patrons until 1am

Distinctive designer fit out with a stylish modern aesthetic

Prime Smith Street location in the heart of Collingwood

Dedicated function space plus outdoor seating

Great lease secured until May 2042

Rent of $9,056 inc. GST per month

Fully equipped commercial kitchen and quality plant & equipment

Significant upside through expanded trading hours, food menu & private events

Potential to convert unused basement space into an additional private dining or function area

A rare opportunity to acquire a standout stylish cocktail bar and dining destination in the heart of Melbourne's sought-after Smith Street precinct.

A true hidden gem combines expertly crafted cocktails, European-inspired share plates and warm, relaxed hospitality within a striking contemporary fit out featuring rich textures, considered lighting and an intimate, atmospheric design.

Currently generating approximately $1 million in annual sales and $170,000 net profit, this bar achieves impressive results while trading just five nights per week.

Currently operating Wednesday to Sunday evenings, the business offers an attractive lifestyle model with significant upside through expanded trading hours, an enhanced food offering and increased private functions.

The venue accommodates 97 patrons, with outdoor seating and an existing function space. There is also potential to transform the unused basement into an additional private dining or events area.

With a distinctive concept, established trading performance, quality fit out and secure lease through to May 2042, this popular bar offers the perfect platform for an experienced operator to build on an already successful business.

Continue the current concept or unlock its further potential, either way, this is a standout opportunity in one of Melbourne's most vibrant hospitality precincts.

PRICE: $300,000 – $330,000

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For more details, please email broker or call agents.