122 Chapel Street, Windsor, Victoria
Yellow Bird
Leasehold $325,000
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 $325,000 are being sought for this exclusively listed slice of Chapel Street history.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - MelbourneKey Investment Insights
1. Corner position on Duke and Chapel Street delivers high visibility and foot traffic in a prime Chapel Street precinct.
2. Outdoor trading across both street frontages seats up to 50 patrons, creating a strong daytime and sunny-day draw.
3. Licensed to trade until 1am, with indoor capacity of 57 plus licensed outdoor areas, supporting extended trading hours and late-night revenue.
4. Long-established brand since 2007, 18 years of trading with a loyal following and recognised local reputation.
5. Trading from early morning through to late night, allowing multiple trading dayparts and diversified revenue streams.
6. Efficient internal layout featuring a full-service bar, well-equipped commercial kitchen, ample storage and patron facilities, enabling smooth operations.
7. All fixtures and fittings included in the sale with no supplier or equipment contracts to assume, enabling a clean, low-friction handover.
8. Highly profitable operation that can support a venue manager, suitable for both owner-operators and passive investors seeking strong returns.
9. Current lease has one year remaining, landlord open to adding extra terms, presenting both short-term risk and potential for lease negotiation.
10. Rent of $2,350 per week including GST provides transparent occupancy costs for valuation and cashflow modelling.
11. Being offered with full financials and at a substantial discount to encourage a timely sale, asking price around $325,000.
12. Eclectic, distinctive fitout and rock'n'roll vibe enhance brand differentiation and customer appeal in a competitive hospitality market.
