PRINCE ALFRED ROOFTOP & BAR – CARLTON 191 GRATTAN STREET, CARLTON VIC 3053
BUSINESS Detail
BUSINESS DESCRIPTION
ICONIC MELBOURNE GASTROPUB WITH ROOFTOP BAR
FOR SALE: PRINCE ALFRED CARLTON
191 GRATTAN STREET, CARLTON
HIGH-PERFORMING GASTROPUB IN PRIME MELBOURNE LOCATION
NEW INSTRUCTION, Boston Business Brokers in conjunction with Alto Cibum are thrilled to introduce to the market the sale of renowned Prince Alfred Hotel & Rooftop. 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.
SUMMARY:
• SALES: Circa $2,000,000+ Per Annum
• LOCATION: Situated in a strong demographic with an established market & low competition.
• CAPACITY: Licensed for 490 patrons
• LICENSE: Valuable 3am ‘Late Night’ General Liquor Licence
Discover an exceptional investment opportunity with this well-established and high-performing gastropub, ideally located in one of Melbourne’s most sought-after areas. This venue boasts multiple revenue streams, including a stunning rooftop bar with panoramic views, and is renowned for its vibrant atmosphere and quality offerings.
The pub exudes warmth and character, with its inviting ambiance and classic modern decor. Whether guests seek a casual lunch or a vibrant happy hour experience, they find themselves drawn to its welcoming embrace. Offering a delectable array of pub fare and beverages, including craft beers, signature cocktails, and mouth-watering dishes, the menu caters to a wide range of tastes and preferences. The venue’s extensive beverage selection also has 60 taps serving nine different beers – McCracken’s Amber Ale, Goose Island IPA, and unpasteurised Carlton Draught among them.
With a rich history and a sterling reputation, this pub has solidified its status as a beloved institution in the area. Its longstanding presence has earned the trust and loyalty of locals and visitors alike.
ABOUT THE BUSINESS_
KEY FEATURES:
• PRIME LOCATION: Superbly positioned in a high-profile bustling area, ensuring significant visibility and foot traffic. Within walking distance to some of Melbourne’s most popular tourist event destinations including Exhibition Building and Victoria Market. Nestled in the middle and surrounded by Melbourne University, RMIT, and several major Hospitals with excellent public transport connectivity via rail, tram and bus.
• VERSATILE SPACES: The venue features two levels of private and semi-private spaces, including an exceptional rooftop area, enjoying panoramic views from the impressive rooftop bar, a standout feature that enhances the venue’s appeal. Perfect for a range of events from intimate gatherings to large celebrations.
• WARM AND INVITING ATMOSPHERE: With its modern décor and welcoming ambiance, the pub is designed to offer a memorable experience whether patrons are enjoying a casual lunch or a lively evening out.
• STATE-OF-THE-ART FIT OUT: This venue boasts a contemporary design and modern facilities, requiring no further investment. Recent multi-million dollar refurbishment ensures minimal future significant replacement cost.
• SECURE LEASE: Benefit from a long, secure lease ensuring stability and longevity for the business.
• FULL MANAGEMENT: Professional team ensures high standards of service and quality. The business is currently under full management, providing a smooth transition for new ownership.
• REVENUE STREAMS: The pub serves lunch and dinner with a menu featuring casual pub grub, and is well-known for hosting events, from Uni Nights, Sport, Trivia, Joker Jackpot, Private Functions, etc.
• OPPORTUNITY FOR EXPANSION: Currently trading 5 days a week (Tuesday – Saturday), with significant potential to increase turnover by extending trading days. The highly-transferable, turnkey model also offers scope for national expansion.
FINANCIAL PROFILE:
• STRONG TRADING HISTORY: A solid financial track record is available for review by interested parties.
This remarkable sale represents a rare opportunity to acquire a flourishing gastropub in one of Melbourne’s most desirable locations. With its immediate appeal, high revenue potential, and promising future growth, this venue is 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 toward owning a successful Melbourne institution.
Boston – Nathan Lihari 0411 988 999
Alto Cibum – Robert Clifford 0407 449 672
