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. Prime corner location on Duke and Chapel Street, a high-profile stretch of Chapel Street with strong daily foot traffic.
2. Established 18-year trading history since 2007, indicating long-term brand recognition and a loyal customer base.
3. Outdoor trading area spanning both street frontages, seating up to 50 patrons, offering high visibility and strong sunny-day trading potential.
4. Indoor capacity of 57 patrons with a full-service bar, supporting combined licensed patronage with outdoor areas until 1am.
5. On-Premises Licence permitting trade until 1am, providing late-night revenue opportunities.
6. Efficient internal layout including a 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, allowing a clean, turnkey handover.
8. Current lease has one year remaining, landlord open to adding extra terms, creating both short-term risk and potential for negotiated tenancy extension.
9. Rent of $2,350 per week including GST, a known operating cost for modelling returns.
10. Advertised as highly profitable, suitable for owner-operators or investors seeking a passive return, and able to support a venue manager.
11. Exclusively listed, offered with full financials and marketed at a substantial discount with offers around $325,000 sought to encourage a timely sale.
