11 Rainbow Alley, Melbourne, Victoria
Cabinet Bar - After 18 successful years, the current owners are looking to sell due to relocation.
Leasehold $220,000
Business Description
Tucked away down Rainbow Alley beside Melbourne Town Hall lies the discreet entrance to Cabinet Bar. This intimate laneway venue captures the feel of a softly lit Parisian nightspot and offers the perfect setting for after-work drinks, a pre-show dinner, or a relaxed Sunday session.
Ascend the stairs to discover a mid-city oasis perched above the buzz of Swanston Street. The main room combines old-world charm with French-inspired décor plush banquette seating, baroque furnishings, and warm, ambient lighting. The inviting balcony "crow's nest" overlooks Swanston Street, giving patrons the rare chance to unwind above the city's nightlife while still soaking in its energy. At the rear of the venue are a small commercial kitchen and restrooms, ensuring seamless service.
Cabinet Bar holds an On-Premises Liquor Licence until 1am and is approved for a capacity of 90 patrons. The lease has three years remaining, with the landlord open to adding extra terms for the incoming operator. Rent is $2,900 per week gross, including outgoings (landlord insurance, council rates) and the council lease fee for use of the balcony airspace above Swanston Street.
All fixtures and fittings are included in the sale, and no supplier or equipment contracts are being transferred, offering a clean handover for the new owner.
After 18 successful years, the current owners are looking to sell due to relocation. The venue is consistently profitable, with strong trade from office workers and excellent turnover during major city events, particularly the Melbourne International Comedy Festival. Full financials are available. Cabinet Bar represents an exceptional opportunity for an experienced hospitality professional seeking to acquire an established, high-performing CBD venue with a loyal clientele, prime location, and timeless appeal. The vendors are looking for offers in the regions of $220,000 for this exclusively listed charming CBD venue.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - MelbourneKey Investment Insights
1. Eighteen years of established trading history, vendors selling due to relocation.
2. Prime CBD laneway location beside Melbourne Town Hall, discreet entrance down Rainbow Alley.
3. Distinctive Parisian, old-world ambience with French-inspired décor, plush banquette seating and warm ambient lighting.
4. Elevated balcony "crow's nest" overlooking Swanston Street, offering rare city views and street energy.
5. On-Premises liquor licence to 1am, approved capacity of 90 patrons.
6. Consistently profitable, strong weekday trade from office workers and peak turnover during major city events, notably the Melbourne International Comedy Festival.
7. Leasehold with three years remaining, landlord open to negotiating additional terms for incoming operator.
8. Rent $2,900 per week gross, inclusive of outgoings, landlord insurance, council rates and council lease fee for balcony airspace.
9. Small commercial kitchen and rear restrooms on site, supporting food and beverage service.
10. All fixtures and fittings included in the sale, no supplier or equipment contracts to be transferred, enabling a clean handover.
11. Exclusively listed, vendors seeking offers around $220,000, positioned for an experienced hospitality operator.
12. Suited to a high-performing CBD bar operator seeking a loyal clientele and venue with timeless appeal.
