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DealProspect/Listings/Hospitality & Tourism

Food-Led Neighbourhood Pub on Balmain Peninsula

Bar

ActiveHospitality & TourismNew South WalesB2C
Asking price
$250,000
Disclosed · AUD
Revenue
Earnings (est.)
~$108,956
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Leasehold neighbourhood pub on the Balmain Peninsula, approximately 4km from the Sydney CBD
  • Established food-led pub business with strong local patronage
  • Long-standing venue within a desirable inner-harbour hospitality precinct
  • 3 gaming machine entitlements currently leased to another venue, with rental income offsetting the hotel lease
  • Surrounded by heritage terraces, harbour foreshore parks and the Darling Street dining precinct
  • Strong demographics with median household incomes above the NSW average
  • Landlord supportive of a further 5 + 5 year lease arrangement