Stylish Bar in South Yarra, N-Profit $190k, Under Management
Located in the heart of South Yarras vibrant retail & hospitality zone, this beautifully fitted cocktail venue sits on a high-profile corner spot with excellent visibility and street presence. A rare opportunity for an investor or operator to take over a turnkey business with real upside.
Prestige South Yarra location tightly held hospitality district
Corner premises with approx. 60 seats (indoor + outdoor)
Stylish long-front bar setup with kitchen at rear
Luxury fit-out (over $500,000 spent on premium design and ambiance)
Evening-only trade, 6 nights a week
Full late-night liquor licence (Licensed for private events, cocktail classes & tastings)
Minimal owner involvement (approx. 1-2 hours per week)
Strong online presence excellent Google ranking & reviews
Reasonable rent for such a premium space, and Long, secure lease in place
Strong profitability of $190,000 on the book, business run fully managed by staff
Opportunities for Growth:
- Extending the trade hours to morning and lunch service using existing kitchen setup
- Expand private functions and event bookings
- Boost local marketing and Social Media platforms
- and many more
Genuine opportunity asking price $260,000
PLEASE CONTACT SAM VASLI FOR MORE INFORMATION ON THIS UNIQUE BUSINESS OPPORTUNITY.
M:
EXPERT BUSINESS BROKERS
For more details, please email broker or call agents.