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Food & Hospitality Businesses for Sale in Richmond, VIC

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Food/Hospitality
RICHMOND, VIC
Leasehold $75,000
It is a rare thing to find a venue where every review across all platforms is five stars, yet The Hydrant Bar, located on the junction of Burnley Street and Bridge Road in Richmond, proudly boasts exactly that. This is a charming and stylish local retreat, loved by regulars for its warmth and comfort, and embraced as a welcome escape from the hustle and bustle of the neighbourhood.From the street, the Hydrant has seating for eight, where locals and their dogs are encouraged to relax together. Stepping inside, you enter a cleverly designed and intimate space that makes perfect use of every corner. The bar is framed by shelves of premium spirits, wine fridges and specialty products, while steampunk-inspired stools provide seating at the bar. Beyond the bar, the room opens into a series of cosy armchairs and coffee tables, creating a relaxed lounge atmosphere where patrons feel instantly at home. The venue is immaculate, beautifully presented, and requires no further investment-what you see is exactly what you get, including the convenience of a seamless online ordering system for takeaway sales.The Hydrant Bar operates under a General Licence allowing on-premises service until 1am and off-premises sales until 11pm, with a capacity of twenty inside. The lease is secure, with six years remaining on a 3+3 term and rent of $490 per week plus all outgoings. All fixtures and fittings are included in the sale and are in excellent condition. There are no contracts to transfer, although an extensive supplier list will be provided to ensure a smooth transition. The current owner has operated the business as a lifestyle venture, fuelled by a passion for premium whisky, wine and personalised hospitality, creating a distinctive alternative to larger, more commercial operators rather than focusing on growth or scale. For this reason, The Hydrant Bar is ideally suited to an owner-operator who values lifestyle as much as business-someone semi-retired looking for a rewarding project, or perhaps an individual balancing another role who would appreciate a venue that is simple to operate, with low overheads and a stellar reputation. There is also potential to grow the offering, with plumbing and a sliding window at the front already in place for a coffee service should a new owner wish to expand. The Hydrant Bar is being offered for a sale price of $75,000 (Price reduction) inclusive of all equipment and fit-out. More than just a business, it represents an enviable lifestyle opportunity with ongoing income streams.
$89,000 offers considered
An exciting opportunity to acquire a beautifully presented caf positioned in one of Richmonds tightly held hospitality precincts.Surrounded by established retail, residential and commercial activity, this high-exposure location benefits from strong passing traffic, excellent local visibility, and a vibrant caf culture that continues to make Richmond one of Melbournes most sought-after hospitality destinations.This well-established caf combines strong fundamentals with a stylish fit-out, welcoming atmosphere, and a simple, proven operating model ready for a new owner to step in and build upon.Business Highlights: - Prime inner-city Richmond location - Strong exposure and consistent local foot traffic - Weekly turnover approx. $8,000 $10,000 - Strong gross profit margins - Indoor seating plus spacious courtyard dining accommodating approx. 5565 patrons in total - Fully equipped commercial kitchen with grease trap and cool room - Modern fit-out with warm, contemporary caf feel - Established permanent customer base including nearby hospital staff, local residents and repeat regulars - Unique occupancy advantage upstairs tenancy currently offsets the majority of the overall rent, significantly reducing overheads for the incoming owner - Opportunity to further grow trade through extended hours, catering, delivery platforms or menu expansionThis caf presents an excellent opportunity for an owner-operator, hospitality couple, chef, or experienced caf operator looking for a quality venue in a blue-chip inner-city location.Well presented and fully fitted, the business offers a genuine walk-in opportunity with strong foundations already in place.The business is being offered for sale due to a genuine change in personal circumstances. The current owners recently welcomed twins and are no longer able to dedicate the time and focus the caf deserves alongside existing business commitments.Opportunities in tightly held Richmond locations at this price point are increasingly difficult to secure.Enquire now to receive further information and arrange a confidential inspection.Asking Price: $89,000 + SAV all offers consideredProperty Code: 96
Leasehold $130,000
Positioned in the heart of Richmond on Swan Street, Odeon Richmond is a fully equipped multi-purpose live music bar and creative arts venue with various revenue streams. Purpose-built for live performance, recording, exhibitions and events, the venue combines state-of-the-art audio and visual infrastructure making it a uniquely versatile and configurable creative space. Featuring professional soundproofing, lighting, projector facilities, recording capabilities and adaptable staging, the venue caters for everything from live music performances, surround sound listening events, album launches and fan VIP experiences to film screenings, art exhibitions, private functions and community events. It has security monitoring, CCTV systems, and remote audio-visual controls. Entering directly from Swan Street, guests enter through impressive steel gates into the main performance area. The front foyer incorporates a reception and ticketing space, while an enclosed room provides the artist green room, production office or management workspace. The main room's fully customisable infrastructure via portable staging, mobile bars and integrated refrigeration, are easily repositioned to suit events of varying sizes and formats. Beyond the main performance space is a second function room, lounge area or catering/food prep area, complete with its own mobile bar, creating additional opportunities for private events, VIP functions or multi-room programming. Both rooms include coffee facilities for potential caf expansion. All areas are fitted with the latest gallery systems, offering a small, medium or large exhibition space. The venue also uniquely includes fully accessible amenities and direct access to its rear courtyard garden and BBQ area.Odeon Richmond has a General Liquor licence until 1am on premises, 11 pm off premises with a capacity of 164 inside, 49 in the courtyard and a footpath trading licence. Rent is $1200 a week including GST. The lease has four years remaining made up of 1+3 with extra terms available upon negotiation. The extensive fixtures, fittings and AV equipment represent a significant investment by the current owner, achieving a clear point of difference and creating substantial value for an incoming operator. Everything on site is owned with no supplier or equipment contracts in place.Odeon Richmond has established itself as a destination venue for artists, musicians and creatives seeking a professional yet highly adaptable environment. Its strong, loyal clientele and industry networks result from Odeon Richmond's support of diverse musical genres and artistic disciplines. Ideal for owner-operators, musicians, creative collectives, event producers, entertainment industry labels or hospitality entrepreneurs, offering a fully established, highly adaptable entertainment venue. Operated primarily as a passion project rather than a profit-focused enterprise, and with significant growth opportunities, it is therefore offered on a walk-in, walk-out basis for $130,000 for this exclusively listed opportunity.