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DealProspect/Listings/Hospitality & Tourism

Infinite Lounge & Danceclub, Melton

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$220,000
Disclosed · AUD
Revenue
$416,000
TTM
Earnings (est.)
~$111,987
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Multi-room nightlife and events venue in Melton
  • Two dance floors, VIP booths and a large island bar
  • Rare late-night liquor licence until 5am for 350 patrons
  • Licensed until 5am Thurs-Sat and 3am Sun-Tues
  • Secure long lease with 15+ years remaining at rent $6,627.27 + GST per month
  • Huge 504sqm Commercial 1 Zoned premises
  • Fully fitted with premium sound, lighting, DJ gear and 30+ camera security
  • Weekly piano/jazz night generating $7K-$9K turnover
  • Live music event organiser in place and keen to stay on
  • Back-of-house stockroom with near-new 4-bay canopy ready for food service
  • All IP, trading names, customer database, social media and website included
  • Located in one of Victoria's fastest-growing corridors

Bars in Victoria

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Listed
68
+5 in 30 days
Median asking
$230K
51 priced
Median revenue
$819K
30 disclose
Earnings multiple
2.8×
27 listings
Price drops
4
in 30 days
Asking price spread51 of 68 state a price
This listing · $220K
10%
47%
22%
18%
4%
Under $100K$1M–$2.5M

Australia 118 · New South Wales 21 · Queensland 10 · Western Australia 8

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

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