An exceptional opportunity to acquire one of Port Melbourne’s most stylish and beloved hospitality venues. This fully licensed, turnkey Cocktail & Tapas Bar combines modern comfort with old-school charm, featuring Chesterfield lounges, a sun-drenched courtyard, an intimate loft bar, and a well-equipped commercial kitchen.
Key Business Details
- Asking Price: $75,000 WIWO + SAV (ONO)
- Liquor Licence / Capacity: General Licence – trading to 1am (on-premises) / 11pm (offsite) | 49 patrons
- Lease Terms: Commenced 1 February 2023 – 31 January 2028, with one (1) further five-year option (to 31 January 2033)
- Rent (incl. GST):- $3,916.66 per month (July–December 2024)- $4,034.16 per month (January–June 2025)- Equivalent to approximately $917 per week (incl. GST)
- Outgoings: Estimated at ~$14,300 [Web Link Censored]. ex GST (≈ $15,700 inc. GST); ~$15,529 actually paid in the last 12 months
- Average Sales: Approx. $9,200 per week (based on the last 14 weeks), trading Thursday to Sunday- Sales mix: ~67% beverage / 33% food (detailed POS data available post-NDA)
- Premises Size: Approx. 100 m² total- Lounge 23 m² | Loft 22 m² | Tudor 14 m² | Courtyard 31 m²
- Inclusions: Business name and IP, digital assets, standard operating procedures and recipes, fixtures and fittings, plant and equipment.- No equipment finance or supplier contracts to assume.
- Smart Controls: Integrated mobile-operated system for lighting, sound, CCTV, alarms, and access.
- Price Flexibility: Vendor open to clean, timely offers – inclusions may be adjusted to suit.
Property Code: 534
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