Large-Scale Riverside Restaurant & Events Venue, South Wharf

Large-Scale Riverside Restaurant & Events Venue, South Wharf — Hospitality & Tourism · South Wharf, Melbourne · Asking $4,800,000 · Revenue $8,500,000+ · Net Profit $1,600,000

Large-scale riverside hospitality venue on the edge of the CBD Unrivalled water frontage with panoramic city skyline views Open 7 days with a late-night liquor licence until 1am, seating for 393 patrons Fully managed operation with an experienced team Two long leases in place one with 21 years, the other 26 years remaining Distinctive contemporary fit-out with indoor/outdoor dining zones Fully…

DealProspect/Listings/Hospitality & Tourism

Large-Scale Riverside Restaurant & Events Venue, South Wharf

Restaurant

ActiveHospitality & TourismVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$4,800,000

Disclosed · AUD

Revenue

$8,500,000+

TTM

Net Profit

$1,600,000

Implied multiple

3.0×

asking / earnings

Brief

Large-scale riverside hospitality venue on the edge of the CBD
Unrivalled water frontage with panoramic city skyline views
Open 7 days with a late-night liquor licence until 1am, seating for 393 patrons
Fully managed operation with an experienced team
Two long leases in place - one with 21 years, the other 26 years remaining
Distinctive contemporary fit-out with indoor/outdoor dining zones
Fully equipped commercial kitchen with walk-in cool rooms and separate prep kitchen
Located in the South Wharf precinct near Crown Casino and the Convention Centre
Extensive forward bookings secured for 2025/26
Full training and handover available

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