Oakleigh, Victoria 3166

High profit $500,000+ Premium Shisha Lounge & Licensed Bar

For Sale | $795,000

Alcohol/Liquor Bars/Nightclubs Cafe/Coffee Shop

Premium Shisha Lounge & Licensed Bar For Sale

Melbourne Inner South East Established Entertainment Precinct

A rare opportunity to acquire a high-cashflow hospitality venue with proven demand and exceptional margins. This shisha lounge and fully licensed bar operates in a prime nightlife location with strong repeat clientele and consistent revenue.

Financial Snapshot
Weekly Revenue: ~$17,000

Rent: $9,000/month (incl. outgoings)

Low COGS | Lean team structure

Why This Business Stands Out

This isn't a startup or a turnaround it's a mature, profitable venue generating over $500K in annual owner benefit. The business runs on simple, repeatable systems with a small team, making it ideal for an owner-operator or a hands-off investor with a competent manager in place.

Located in a high-foot-traffic entertainment strip, the venue benefits from established brand recognition and a loyal customer base that returns weekly. Shisha, cocktails, mocktails, and a curated drinks menu drive high-margin sales with minimal wastage.

At a Glance

Trading hours: 7 nights, 5:30pm1:30am

Full liquor license in place

Low overheads relative to revenue

Easy-to-train operational model

Turnkey walk in and operate from day one

Strong interest expected. Enquire now for a confidential information memorandum.

ASK - $795,000 + SAV

🚀 Figures provided by vendor. Buyers should complete their own due diligence.
Enquire now at teamvaibhav@greenfieldsre.com.au
with Subject: 'Shisha Lounge & Bar' for full details.

Important Information Vaibhav Grover, Business Advisor and Broker, Agent's Representative acting for Greenfields Real Estate, Lic No. 091937L. All financial information is provided by the vendor. Buyers must complete their own due diligence. Agents accept no liability for accuracy of figures or any outcomes arising from the information supplied. Pictures are for Reference Purpose Only

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Vaibhav Grover



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Vaibhav Grover

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Overview

This Alcohol/Liquor Business is one of 14 businesses for sale in Mulgrave, Victoria, and one of 5 Alcohol/Liquor Businesses in this region that a business for sale currently has on offer. This Alcohol/Liquor Business is for sale in Mulgrave for the asking price of $795,000 and is new to the market.