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Leisure & Entertainment business for sale in Prahran

  • Leisure & Entertainment
  • 217-223 Chapel Street Prahran VIC 3181
  • Leasehold $395,000

Jane Doe - Not One but Two Bars - 1P6008

Introducing Jane Doe, a cocktail bar that radiates the warm and inviting atmosphere of a stylish living room. Nestled in the vibrant Prahran area, Jane Doe has been a beloved fixture along Chapel Street for a decade. Step into a space that feels like an extension of your own home, adorned with vintage furniture, retro glassware, and a meticulously curated selection of spirits and infusions.

Next door, you'll find Baby Jane, a recent addition that perfectly complements the original establishment. Both venues boast a Chapel Street frontage, complete with outdoor seating and retro-inspired decor. Each venue features its own bar, restrooms and storage areas, offering the flexibility to operate independently or as a cohesive unit to cater to diverse demands and events.

Included are four secure undercover parking spaces, with two converted for additional storage and workspace, currently utilised as a production facility for the owner's Small Batch Bottling Co. business. A single On Premises Liquor Licence covers both venues until 1 am daily, with a capacity of 145 patrons. With separate leases in place for each location, offering matching 5+5 year options and a combined weekly rent of $2850 including GST.

This sale encompasses all fixtures and fittings, excluding equipment related to the Small Batch Bottling Co. There are no existing equipment or supplier contracts that need to be transferred. Both venues have demonstrated consistent profitability, making them ideal for either management-run operations or owner-operator models. The prime location, loyal clientele, and unique ambiance present a myriad of opportunities for a new operator to build upon the existing charm or infuse their own creative flair.

The current owner has made the difficult decision to sell due to personal reasons and family obligations interstate. With a track record of strong financial performance, the vendor is seeking offers in the vicinity of $395,000 for this exclusive listing. Don't miss this chance to own and elevate these iconic establishments in the heart of Prahran!

Business Highlights

Business ID2019201994
Floor AreaAsk Business Broker
Category
Last updated  26 Apr 2024
Map for 217-223 Chapel Street Prahran VIC 3181
Map for 217-223 Chapel Street Prahran VIC 3181217-223 Chapel Street Prahran VIC 3181

Business Highlights

Business ID2019201994
Floor AreaAsk Business Broker
Category
Last updated  26 Apr 2024
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

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