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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 · plus stock · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Stock is extra · value not stated

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
Listed
20
+3 in 30 days
Median asking
$275K
18 priced
Median revenue
$2.5M
6 disclose
Earnings multiple
2.9×
38 listings
Asking price spread18 of 20 state a price
This listing · $250K
28%
11%
33%
22%
6%
Under $100K$2.5M–$5M

Australia 108 · Victoria 59 · Western Australia 11 · Queensland 9

Cafes 187 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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