The Bendigo Hotel ("The Bendi") is an established and highly regarded Melbourne pub, long renowned as a cornerstone of the city's live music scene, having hosted an impressive list of both international and local acts. Under the current ownership, the venue has been successfully repositioned to retain its live music heritage while operating as a fully renovated, multi-income pub and brewery taproom.
Following a comprehensive renovation, the historic venue now presents in excellent condition, combining classic pub charm with modern functionality. Pick an entrance! With one leading to a pool room, one to the bottle shop, or one to the main bar. The primary bar extends to a secondary service area overlooking the main stage and band/dining room, making it ideal for live performances. A fully equipped spacious commercial kitchen with walk-in cool room supports food service, while a separate cool room services the 16-taps in the bar with its glycol beer system. There is also a third cool room servicing the bottle shop and additional bar stock. Walking through the band room, there is a lounge/dining area with pool table, and to the rear is a large, dog-friendly and leafy beer garden, along with an adjoining garage area currently used for storage. Upstairs includes offices, additional storage, a green room, and a second, smaller band/function room. Also located upstairs is a self-contained two-bedroom apartment with its own private entrance from the rear laneway.
The Bendigo Hotel operates under a Late Night General Licence, 3:00am on site and 11pm off site, with a capacity of 300. The lease is due for renewal in August and includes four further terms of five years, providing long-term security. Current rent is $3,060 per week (including GST). An extensive fixtures and fittings list is included in the sale. The sale will also include a substantial and loyal social media following and email marketing list.
The venue enjoys an excellent reputation as both a live music venue and a high-quality local pub. Multiple revenue streams are available, including bar trade, food service, live music events, private functions, packaged liquor, and accommodation via the on-site apartment. The sale is driven solely by the vendors' desire to focus on their core brewery operations. Trading figures are improving month on month following the completion of the renovation and repositioning. The vendors believe the venue is now primed for an experienced hospitality operator to further grow and fully realise its potential. The vendors are therefore looking for offers in the region of $200,000 Price Reduction for this exclusively listed live music venue.
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