ICONIC HIGHTAIL PUB, BAR, & GRILL IN MELBOURNE CITY CENTRE – DOCKLANDS 727 COLLINS STREET, DOCKLANDS VIC 3008
BUSINESS Detail
BUSINESS DESCRIPTION
NEW INSTRUCTION, Boston Business Brokers in conjunction with Alto Cibum are thrilled to introduce to the market the sale of renowned Hightail Bar & Grill. This well-established high-profile flagship food and beverage leasehold business boasts a stellar reputation, distinguished by its quality offerings and unique design. We are seeking expressions of interest from seasoned professionals who are ready to leverage this premier leasehold opportunity. This is a noteworthy opportunity to secure a standout establishment in one of Melbourne’s most coveted locations.
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Seize the opportunity to own a landmark pub and restaurant located in the heart of Melbourne’s bustling city centre. This expansive venue combines a lively bar and grill with an array of event spaces, making it perfect for both intimate gatherings and large-scale functions for up to 900 guests. Known for its classic pub fare, daily happy hour, and impressive drink selection— the bar serves easy-drinking beers poured from 64 taps, local wines by the glass, and signature cocktails—this establishment caters to diverse tastes and occasions.
The enormous venue has been designed to channel an island oasis, with hanging plants and murals of jungle flora and fauna behind each bar. The floor and ceiling designs are inspired by topographical maps, with mountain-like light fixtures and a blue grid frame that obscures the ceiling’s exposed pipes and vents – a pattern mirrored on the floor. Mimicking a stream, blue lines on the carpet wind through the venue’s almost-separate rooms, which are divided by low walls and booths.
Hightail occupies the ground level of a four-tower office complex at the western end of Collins Street. It’s intended as an escape: a place where people can get away from the office.
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SUMMARY:
• LOCATION: Melbourne City Centre
• SIZE: 1,000 sqm plus outdoor seating and terrace garden
• CAPACITY: Licensed for 970 patrons
ABOUT THE BUSINESS_
KEY FEATURES:
• PRIME LOCATION: Situated on a high-traffic street just steps from the Central CBD, this prime retail tenancy offers unparalleled exposure, foot traffic & accessibility in the heart of this major complex.
• MODERN FITOUT: Showcasing a sleek, contemporary design, the venue features two bars and a fully-equipped commercial kitchen, creating an inviting and stylish environment for patrons.
• EXPANSIVE SPACE: Spanning over 1,000 sqm of indoor space, complemented by outdoor seating and a beautiful terrace garden, the venue provides an ideal setting for a dynamic, day-to-night experience.
• ESTABLISHED REPUTATION: Esteemed for exceptional quality drinks, fantastic food, and a lively ambiance, this pub boasts a stellar reputation with locals, tourists, workers, and shoppers. It enjoys remarkable ratings of 4.5 stars and above on Google, Facebook, and TripAdvisor.
• STRONG TRADING HISTORY: A solid financial track record is available for review by interested parties.
• MAJOR DEVELOPMENT AHEAD: Upcoming local development projects promise to increase foot traffic and further enhance the venue’s growth potential.
• ESTABLISHED CLIENTELE: Benefit from a loyal customer base and strong community ties, reflecting consistent quality and high customer satisfaction.
• OPPORTUNITY FOR EXPANSION: The business is currently trading 5 days a week (Monday – Friday), with potential for increased turnover by extending trading to weekends. The existing management structure ensures a smooth transition, and the highly-transferable, turnkey model offers scope for national expansion.
• KITCHEN & STORAGE: Fully equipped commercial ancillary kitchens with walk in freezer and cool rooms. There is a substantial basement with large beer cellars and a number of smaller storage rooms.
ANNUAL TURNOVER: Circa $4M
This rare sale represents a unique opportunity to acquire a flourishing pub and restaurant in one of Melbourne’s most desirable locations. With its immediate appeal and promising future potential, this venue offers a compelling investment opportunity.
PLEASE NOTE: A non-disclosure agreement (NDA) is required to access further details.
EXCLUSIVE AGENTS – CONTACT US TODAY to explore this exceptional opportunity and take the next step towards owning a successful Melbourne institution.
Boston – Nathan Lihari 0411 988 999
Alto Cibum – Robert Clifford 0407 449 672
