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DealProspect/Listings/Food & Beverage

Under-Management Bar & Bottle Shop - North Brisbane

Bar

ActiveFood & BeverageQueenslandB2C
Asking price
$859,000
Disclosed · AUD
Revenue
$3,000,000
TTM
Earnings (est.)
~$420,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Fully under-management bar with an attached retail bottle shop in North West Brisbane
  • Strategic general hotel licence allows up to three additional detached retail sites within 10km
  • Low rent-to-revenue ratio, supporting strong operating margins
  • Multiple large function spaces available to expand events and revenue streams
  • No direct competition in the immediate area
  • Total capacity of around 260 across seating and standing for trade and functions