CBD Bar, Restaurant & Entertainment Venue
Function & Event Venue
ActiveHospitality & TourismNew South WalesB2C
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
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