L.A.B — Launch Asset Brokers

Bar for Sale in Fortitude Valley, QLD — Iconic Fortitude Valley Live Music Venue — Fully Renewed $500k+ Fit-Out, Fully Managed

Updated 1 Nov 2026

Live music and cocktail venue for sale in Fortitude Valley, Brisbane, asking $1,100,000. Trading since 2016, four-night week, COGS 22.2%, wages under 20%, fully managed. $500,000+ fit-out owned outright after the 2024/25 restoration; lease to 2027 plus 5-year option. Ref BHOJA004.

Key facts
Asking price$1,100,000
Business typeBar
LocationFortitude Valley, QLD
Trading hoursThursday 8pm–3am; Friday–Saturday 7pm–3am; Sunday 8pm–3am
RefBHOJA004

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Overview

The business & the opportunity

This is a well-established live music and cocktail venue trading in the heart of Fortitude Valley since 2016. Operating Thursday through Sunday from 7pm to 3am, the venue has built a strong identity as one of the Valley's most recognised live music destinations, generating consistent, high-margin revenue across a condensed four-night trading window. Following a firebombing attack on an adjoining tenancy in December 2024, the venue was closed for approximately eleven months for comprehensive restoration, reopening in November 2025 with a fully renewed fit-out representing over $500,000 in assets owned outright, debt-free. As a pure beverage operation with no food component, the business carries a lower cost of goods (22.22%) and streamlined operations relative to comparable venues, with wages under 20% of sales — a direct result of its condensed trading model. The business is completely under management, with the current ownership holding no day-to-day operational involvement; a manager and 2IC run all entertainment bookings, rostering, supplier ordering and daily operations.

This is an opportunity for an experienced operator, individual or group, to acquire a long-standing, highly profitable and well-run business that has cemented its place as a powerhouse in Fortitude Valley's nightlife precinct. Ten years of trading history and brand recognition are delivered to the incoming buyer in essentially brand-new condition following the 2024/25 restoration. The lease runs to 2027 with a five-year option (six years of total security), and the landlord is expected to entertain a further option during assignment. For a buyer looking to expand trade, there is scope to add food, functions or private events, or additional days of trade.

Bar for sale in Fortitude Valley QLD — Iconic Fortitude Valley Live Music Venue — Fully Renewed $500k+ Fit-Out, Fully Managed
Operations

How it runs

Premises
512m² plus a 16m² upstairs office area.
Staff
Completely under management. A manager and 2IC on salary, 5 bartenders and 3 glassies across varying part-time hours.
Opening hours
Thursday 8pm–3am; Friday–Saturday 7pm–3am; Sunday 8pm–3am
Highlights

Why it stands out

FAQ

Questions buyers ask

Is this business under management?

The listing details above describe how the business is run day to day. Full staffing and management details are in the Information Memorandum.

What's included in the sale?

Typically fit-out, plant and equipment, stock at valuation, goodwill and assignment of the lease. The full inclusions list is in the Information Memorandum.

How do I see the full financials?

Sign our confidentiality agreement and your broker will send the Information Memorandum, which includes revenue, profit, wages, rent and lease terms.

Can I get finance to buy this business?

Many buyers fund a purchase with a mix of equity and business-acquisition lending. Talk to your broker and we can point you to lenders who specialise in this.

Opportunities

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Buying

Buying a bar in Fortitude Valley

This bar is listed by Launch Asset Brokers (L.A.B), a Brisbane brokerage for service businesses and the property they trade from. Enquire on this listing and a broker will come back to you within one business day. Not quite the right fit? Send us your brief and we'll match you to businesses in Fortitude Valley and across QLD — often before they're advertised.

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