Exceptional Restaurant & Bar Opportunity – Iconic Lygon Street, Brunswick East
BrunswickAbout the property
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Exceptional Restaurant & Bar Opportunity – Iconic Lygon Street, Brunswick East
A rare and highly sought-after hospitality opportunity is now available in the heart of Lygon Street, Brunswick East, one of Melbourne’s most vibrant and high-spending inner-city dining precincts. Located at 58 Lygon Street, this established restaurant enjoys a prime position within a tightly held restaurant row, surrounded by boutique retail, destination eateries and a strong residential catchment.
Brunswick East is renowned for its affluent demographic, loyal local trade and consistent demand across dine-in, takeaway and delivery platforms, making this an outstanding investment or owner-operator opportunity.
Business highlights:
- Weekly sales circa $17,000, including strong performance across major delivery platforms
- Excellent trading history with repeat local clientele and passing foot traffic
- Ideal exposure on one of Melbourne’s most recognisable hospitality strips
- Fully fitted commercial kitchen with quality equipment throughout
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Premises & Fit-Out:
- Fully fitted commercial kitchen with quality equipment throughout
- Well-designed service and dining areas allowing for efficient operations
- Liquor licence in place – add further revenue through alcohol sales
- Indoor and outdoor dining, maximising seating capacity and seasonal appeal
- Turnkey operation – no immediate capital expenditure required
Lease & Flexibility:
- Secure and generous lease with approximately 8 years remaining
- Attractive rental terms for such a premium inner-city location
- Flexible layout and council approvals allow the venue to be easily adapted to
- Any cuisine
- Contemporary bar or wine bar
- Café / bistro / casual dining concept
Location Advantages:
- Positioned in Brunswick East, a proven high-spending area
- Surrounded by boutique shops, cafes and destination restaurants
- Strong mix of residential, professional and lifestyle clientele
- Excellent access to public transport and major arterial roads
Other information
Opportunities of this quality and flexibility on Lygon Street are extremely rare. This business will suit experienced operators, hospitality groups or first-time buyers seeking a blue-chip location with immediate cash flow and long-term security.
A genuine walk-in, walk-out opportunity in one of Melbourne’s best hospitality precincts.
Enquire today for further information and a confidential inspection.
Asking price: $150,000 + SAV
This represents an excellent opportunity to acquire a substantial and highly profitable Victorian business with a long trading history, strong systems, established staff and considerable market reach.
Strict confidentiality applies. Business name and identifying information will only be provided to qualified purchasers following completion of a Confidentiality Agreement. Serious enquiries are invited.