Melbourne CBD Bar and Nightclub

Melbourne CBD Bar and Nightclub — Hospitality & Tourism · Melbourne CBD · Asking $550,000 · Revenue $1,400,000

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.

DealProspect/Listings/Hospitality & Tourism

Melbourne CBD Bar and Nightclub

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$1,400,000

TTM

Earnings (est.)

Implied multiple (assumed)

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.

How it compares

Bars in Victoria · asking prices

43% above bars here

Bars here ask a median 0.28× revenue. On its $1,400,000 revenue, that points to about $385,000; reads like this are typically within 30%, so $270,000 to $501,000. It asks $550,000.

Asking price: $550,0003.1 times the median of $175,000
Revenue: $1,400,000median is $1,092,000
Revenue multiple: 0.39×0.28× across the market; higher than 11 of 13
Time listed: 128 daysno price change

Bars in Victoria

Bars for sale in Victoria (57) →

Listed

+7 in 30 days

Median asking

$175K

40 priced

Median revenue

$1.1M

18 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread40 of 57 state a price

This listing · $550K

18%

43%

18%

Under $100K$1M–$2.5M

Australia 106 · New South Wales 20 · Western Australia 11 · Queensland 9

Cafes 441 · Takeaways 314 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

Get new bars in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Bars for sale in Victoria (57) →