106 Gray Street

Hamilton VIC 3300

The sale of Blue Malt Restaurant (formerly Gilly's) presents a great opportunity to purchase a Western District restaurant icon and take advantage of Hamilton's burgeoning food and wine scene. This well-known restaurant and function room holds a central position in the main street of Hamilton's CBD. It has been an established restaurant at this location for 30 years and built an enviable reputation and loyal following over those decades.
Blue Malt benefits from the high foot traffic of the CBD, and seats up to 70 in the restaurant. A similar number can be seated in the function room, which is in prime location to host the business community during the week and social events out of office hours.The sale includes all equipment in the full commercial kitchen and three walk-in cool rooms; all furnishings owned by the business, and the function room equipment which includes pull down screen, data projector, separate bar, amplifier, speakers and microphones. For $240,000, the sale of Blue Malt also includes all food stock (frozen, fresh and dry store) and alcohol.The annual turnover is $650,000+. Owners currently open restricted hours. A long 5x5x5 lease is available, which can be negotiated directly with the landlord.Opportunities like this are rare. Potential purchasers can walk into an existing iconic business in a prosperous rural city and benefit from Hamilton's exciting food and wine boom.