Refined Restaurant and Cocktail Bar – Balwyn, Melbourne, VIC

Description

STRONG IDENTITY – LUXURIOUS FIT-OUT – MULTIPLE INCOME STREAMS

Outstanding opportunity to acquire a premium hospitality venue in the heart of Balwyn, offering dining, cocktails, functions and private events from one highly flexible space.

The venue is a refined restaurant and cocktail bar with a strong identity, luxurious fit-out and multiple distinct areas that can operate as dining, lounge, bar and private event spaces.

Currently generating approx. $7,000–$10,000 per week, the business is trading well but presents significant upside for a hands-on operator to fully optimise performance and unlock its full potential.

BUSINESS HIGHLIGHTS

• Prime Balwyn location on Whitehorse Road with strong affluent residential catchment and steady local trade 
• Multiple income streams including dining, cocktails, private functions, group bookings and venue hire 
• High-end fit-out featuring marble tables, velvet seating, French doors, whisky wall, candle feature wall and piano/lounge area 
• Unique “Ivy Garden” space with 2,000+ fairy lights, ideal for functions, events, date nights and private bookings 
• Flexible layout allowing restaurant, bar, lounge and function operations simultaneously 
• Established brand with website, booking system, social media, reviews and online listings in place 
• Fully equipped commercial kitchen, bar, liquor licence, furniture, fixtures and fittings included 
• Existing forward bookings plus function enquiries to be converted by new owner 
• Experienced staff in place across kitchen, bar and floor 
• Strong upside through improved marketing, increased function sales, tighter cost control and more consistent trading across all services 

This is not a standard suburban restaurant. It is a highly flexible venue with a strong aesthetic and multiple revenue streams already in place, ready for a motivated operator to take it to the next level through active management and strategic growth.

PRICE: $169,000 + SAV NEGOTIABLE