Licensed Late Night Venue with Kitchen

Licensed Late Night Venue with Kitchen — Hospitality & Tourism · Melbourne, VIC · Asking $550,000

venue with a 3am general liquor licence Same owner for 20 years Operates nights only, 4pm till late Commercial kitchen and seating for 50+ patrons Located in Melbourne

DealProspect/Listings/Hospitality & Tourism

Licensed Late Night Venue with Kitchen

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue (est.)

Earnings (est.)

Typical multiple

Brief

venue with a 3am general liquor licence
Same owner for 20 years
Operates nights only, 4pm till late
Commercial kitchen and seating for 50+ patrons
Located in Melbourne

Bars in Victoria

Bars for sale in Victoria (60) →

Listed

+8 in 30 days

Median asking

$175K

43 priced

Median revenue

$1.1M

22 disclose

Earnings multiple

2.9×

37 listings

Price drops

in 30 days

Asking price spread43 of 60 state a price

This listing · $550K

16%

44%

19%

16%

Under $100K$1M–$2.5M

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