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DealProspect/Listings/Hospitality & Tourism

CBD Bar & Function Venue, Melbourne

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$450,000
Disclosed · AUD
Revenue
Earnings (est.)
~$196,121
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Bar and function venue in the Melbourne CBD.
  • Licensed until 1am with seating for 200-plus patrons.
  • Full commercial kitchen.
  • Secure lease with rental of $120,000 pa.
  • Suits a new concept or theme.