Up-Market City Restaurant & Bar

Up-Market City Restaurant & Bar — Hospitality & Tourism · Asking Contact Broker · Revenue $1,820,000

Two-level venue with a restaurant and an upstairs bar/function area Seating capacity of approximately 120 patrons Fully equipped commercial show kitchen with open-plan design Currently trading five days; closed Sunday and Monday with scope to extend Upstairs bar/function space suited to events and gatherings Extended, secure lease in place with outgoings included in rent

DealProspect/Listings/Hospitality & Tourism

Up-Market City Restaurant & Bar

Restaurant

ActiveHospitality & TourismB2C

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Asking price

~$508,144

est. from comparable listings of this type and size · typically within ±50% · AUD

Revenue

$1,820,000

TTM

Earnings (est.)

~$254,581

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.0×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Two-level venue with a restaurant and an upstairs bar/function area
Seating capacity of approximately 120 patrons
Fully equipped commercial show kitchen with open-plan design
Currently trading five days; closed Sunday and Monday with scope to extend
Upstairs bar/function space suited to events and gatherings
Extended, secure lease in place with outgoings included in rent

Brief

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