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Sound Music Bar - A premier late-night entertainment venue. 5

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A few years ago, a group of passionate local operators transformed a long-vacant CBD building into what is now one of Bendigo's most recognised nightlife destinations. Following an extensive refurbishment, Sound Music Bar has become a cornerstone of the city's late-night entertainment and electronic music scene, earning a strong reputation among patrons and performers alike. Occupying a prominent double-storey position in the heart of Bendigo, the venue combines modern design with a stylish atmosphere. Regularly hosting renowned house, techno and electronic music DJs, Sound Music Bar also caters to a diverse audience through trivia nights, university events, private functions, drag performances and community-based entertainment.

The venue benefits from footpath trading for sixteen patrons on Bull Street and is configured across two distinct trading spaces. The ground floor features a relaxed cocktail bar environment centred around a well designed main bar, complemented by booth seating, tables and casual lounge areas. Upstairs, guests are welcomed into a high-energy nightclub environment featuring a dedicated DJ booth, spacious dance floor and fully equipped bar. Both the upstairs and downstairs areas can be transformed into private function rooms. Each has its own dedicated bar, providing additional revenue opportunities for exclusive events and corporate functions while regular trade continues on the other floor. A glycol beer system is conveniently located beneath the staircase. Each level includes independent storage facilities and amenities, allowing for flexible operation and event management. Benefiting from a recent comprehensive renovation, the venue presents in excellent condition with no significant capital expenditure required.

A key feature of this opportunity is the Late Night On-Premises Licence permitting trade until 3:00am and supporting an impressive patron capacity of 425. In Bendigo where late-night licences are very limited, this represents a valuable strategic advantage. The lease has eight years remaining (3 + 5 years), while the rent is attractive for a venue of this scale at approximately $2,080 per week including GST. An extensive list of fixtures and fittings is included in the sale, providing a genuine turnkey opportunity for incoming operators.

Currently operating successfully under management, the business offers flexibility for a range of purchasers. Investors seeking a passive hospitality asset will appreciate the established systems and management structure, while experienced operators and hospitality groups can immediately integrate the venue into an existing portfolio and pursue further growth opportunities. Opportunities to acquire a fully established, large-capacity late-night venue of this calibre are rare in regional Victoria. With an established reputation, strong trading history, quality fit-out, secure lease, valuable licence and limited direct competition, Sound Music Bar represents a compelling acquisition for both investors and owner-operators. There are full set of financials supporting the list price of $950,000 for this exclusively listed night club.

Property Address

  • Address: 54 Bull Street
  • Area: VIC - North
  • City: Bendigo
  • Country: Australia
  • Zipcode: 3550

Property Overview

Property Id:
1P6652
Under Offer:
no
Price:
Leasehold $950,000

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Lloyd Nunn

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Lloyd Nunn

Business Broker - Bars, Cafes, Restaurants & Clubs - Melbourne CBD and inner suburbs.
0410 329 129 1300 767 802

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