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DealProspect/Listings/Hospitality & Tourism

Melbourne CBD Bar and Nightclub

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$550,000
Disclosed · AUD
Revenue
$1,400,000
TTM
Earnings (est.)
~$196,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Bar/nightclub with live entertainment in the Melbourne CBD.
  • Established over 10 years in operation.
  • Modern decor with sound and lighting system.
  • Fully equipped 300+ sqm venue with a 5am liquor licence for 339 patrons.
  • Includes bar, dance, lounge and entertainment areas; bookable for functions.
  • Staff of seven plus experienced employees; owner is retiring.