CBD Bar, Restaurant & Entertainment Venue

CBD Bar, Restaurant & Entertainment Venue — Hospitality & Tourism · Wagga Wagga · Asking $600,000 + SAV · Revenue $3,000,000

One of Wagga Wagga's most recognised and established hospitality venues Multi-faceted destination combining restaurant dining, cocktail bar, nightclub operations and private functions Positioned in the heart of the CBD with strong foot traffic and a loyal customer base Approx. 1,331 sqm footprint in a prime CBD location Capacity for up to around 550 patrons in the main entertainment area…

DealProspect/Listings/Hospitality & Tourism

CBD Bar, Restaurant & Entertainment Venue

Function & Event Venue

ActiveHospitality & TourismNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

$600,000+

Disclosed · AUD

Revenue

$3,000,000

TTM

Earnings (est.)

~$500,100

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

One of Wagga Wagga's most recognised and established hospitality venues
Multi-faceted destination combining restaurant dining, cocktail bar, nightclub operations and private functions
Positioned in the heart of the CBD with strong foot traffic and a loyal customer base
Approx. 1,331 sqm footprint in a prime CBD location
Capacity for up to around 550 patrons in the main entertainment area
Established systems, procedures and an experienced team in place
Growth potential through expanded events, dining and marketing

Priced like this one

nearest on the figure this listing states