122 Chapel Street, Windsor, Victoria

Yellow Bird - Situated prominently on the corner Chapel Street.

Leasehold $395,000

Business Description

Since opening its doors in 2007, Yellow Bird has been a cornerstone of Chapel Street's vibrant bar and dining scene. Situated prominently on the corner of Duke and Chapel Street, this much-loved venue continues to draw crowds daily a testament to its enduring appeal and finely tuned formula.

The outdoor trading area spans both street frontages, providing seating for up to 50 patrons. On sunny days, it's a standout feature, buzzing with atmosphere and visibility. Inside, Yellow Bird is unapologetically eclectic, a mix of retro tables, bold colours, and quirky décor that captures the venue's unique personality. The layout includes a full-service bar, a well-equipped commercial kitchen, ample storage, and patron facilities, all efficiently configured for smooth operation. Trading from early morning through to late night, Yellow Bird offers a relaxed, rock'n'roll vibe that has become its signature.

Yellow Bird holds an On-Premises Licence until 1am with a capacity of 57 patrons inside, in addition to the licensed outdoor areas that also can trade until 1am. The current lease has one year remaining, with the landlord open to adding extra terms for the incoming operator. Rent is $2,350 per week (including GST). All fixtures and fittings are included in the sale, with no supplier or equipment contracts to assume, providing a clean handover.

Yellow Bird is a highly profitable operation, suitable for both owner-operators and investors seeking a strong passive return. The venue easily supports a venue manager while maintaining excellent profitability. With a loyal following, prime location, and a reputation built over 18 years, this is a rare opportunity to own a true Chapel Street institution. The business is being offered with full financials and at a substantial discount to encourage a timely sale. Offers around $395,000 are being sought for this exclusively listed slice of Chapel Street history.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne
Marketing Agent

Key Investment Insights

1. Corner Chapel and Duke Street location on Chapel Street, high visibility and foot traffic.
2. Established in 2007, 18-year track record and strong local reputation.
3. Outdoor trading across both street frontages, seating for up to 50 patrons, strong sunny-day appeal.
4. Indoor capacity 57 patrons, full-service bar and well-equipped commercial kitchen, efficient layout for smooth operation.
5. On-Premises Licence until 1am covering indoor and outdoor areas, enabling late trading.
6. Lease has one year remaining, landlord open to adding extra terms for incoming operator.
7. Rent $2,350 per week including GST, leasehold sale structure.
8. All fixtures and fittings included, no supplier or equipment contracts to assume, enabling clean handover.
9. Highly profitable operation, suitable for owner-operators or investors seeking strong passive returns; can support a venue manager.
10. Loyal following and signature relaxed rock’n’roll vibe, distinctive eclectic fit-out that drives repeat trade.
11. Full financials available, business offered at a substantial discount to encourage a timely sale.
12. Asking price around $395,000, classified as a hotel/bar leasehold in Melbourne.
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