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Myrtle Wine Bar & Murmur Piano Bar – Melbourne CBD

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$550,000
Disclosed · plus stock · AUD
Revenue
$2,000,000
TTM
Net Profit
$380,000
Implied multiple
n/a
Stock is extra · value not stated

Brief

Two complementary hospitality venues operating under one roof in a tightly held pocket of the Melbourne CBD. Myrtle Wine Bar offers a curated wine list and share plates in a warm, intimate setting for long lunches and after-work trade, while the upstairs Murmur Piano Bar delivers a late-night cocktail and live-music experience. A fully equipped commercial kitchen services both spaces, with established systems, training and transition support in place, and the lease secured well into the next decade.

Listed
57
+7 in 30 days
Median asking
$175K
40 priced
Median revenue
$1.1M
18 disclose
Earnings multiple
2.9×
38 listings
Price drops
2
in 30 days
Asking price spread40 of 57 state a price
This listing · $550K
18%
43%
18%
18%
5%
Under $100K$1M–$2.5M

Australia 106 · New South Wales 20 · Western Australia 11 · Queensland 9

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