328 Bridge Road, Richmond, Victoria
Collection Bar
Leasehold $95,000
Business Description
The Collection Bar offers casual elegance and intimate comfort, making it a go-to destination for signature cocktails, first dates, friendly catch-ups, and regular comedy nights. With its inviting atmosphere and creative events, the venue attracts a diverse and loyal clientele.
Seating for 12 is available outdoors on Bridge Road, while inside, exposed brick and rich curtains create a cosy retreat in winter. The rear courtyard provides a peaceful escape from the bustle, while the high-shelf bar, comfortable seating, and warm design complete the experience. A small commercial kitchen (currently sublet to a food partner) sits at the rear of the venue, and upstairs an old apartment has been transformed into storage and an intimate comedy theatre.
The Collection Bar has and On Premises Liquor licence until 1am with a capacity of 70. There are six years left on the lease with rent coming in at $1580 a week including GST. All fixtures and fitting are included in the sale with no equipment or supplier contracts being transferred.
This venue is ideal for a hospitality professional ready to take the next step and make their mark. With strong foundations in place and multiple revenue streams to explore, there is significant scope to revitalise and grow the business. The vendor has not been able to spend time on the venue so it is under management. The Collection Bar is being sold on a walk in walk out basis with no books and the vendor is seeking offers in the region of $95,000 for this exciting Bridge Road opportunity.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - MelbourneKey Investment Insights
1. Casual, intimate bar concept with exposed brick, rich curtains and a warm design, positioned for signature cocktails, first dates and regular comedy nights.
2. Licensed capacity of 70 patrons with an On Premises Liquor licence valid until 1am, supporting late-night trading.
3. Outdoor seating for 12 on Bridge Road, providing street-facing visibility and additional covers.
4. Rear courtyard offers a quiet, sheltered outdoor area, enhancing guest experience and alternative service zones.
5. Small commercial kitchen present, currently sublet to a food partner, enabling food service without immediate capital investment.
6. Upstairs former apartment converted to storage and an intimate comedy theatre, creating an owned in-house entertainment asset.
7. Six years remaining on the lease, rent $1,580 per week including GST, providing medium-term occupancy security and known operating cost.
8. Business sold walk-in walk-out with all fixtures and fittings included, no books provided, and no equipment or supplier contracts to be transferred.
9. Currently under management because the vendor has not been able to spend time on the venue, indicating potential for hands-on improvement and revenue recovery.
10. Multiple clear growth levers: revitalising operations, expanding food offerings, increasing events and comedy programming, and leveraging street presence.
11. Vendor seeking offers in the region of $95,000, presenting an entry-level price point for a hospitality professional.
12. Leasehold hotel/bar in Melbourne on Bridge Road, implying an inner-city or high-traffic location within Victoria.
