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DealProspect/Listings/Hospitality & Tourism

Licensed Restaurant & Cocktail Bar, Neutral Bay

Restaurant

ActiveHospitality & TourismNew South WalesB2C
Asking price
$300,000
Disclosed · AUD
Revenue
$884,000
TTM
Earnings (est.)
~$222,945
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Established licensed restaurant and cocktail bar in Neutral Bay
  • Seating for up to 78 (66 indoor, 12 outdoor) across approximately 130 sqm
  • Located in a restaurant precinct surrounded by high-rise apartments with ongoing foot traffic
  • Run fully under management with a team in place
  • Potential to extend trading hours into morning and midday cafe/restaurant trade
  • Trading Monday to Saturday, closed Sunday