CBD Bar & Function Venue, Melbourne

CBD Bar & Function Venue, Melbourne — Hospitality & Tourism · Melbourne CBD · Asking $450,000

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.

DealProspect/Listings/Hospitality & Tourism

CBD Bar & Function Venue, Melbourne

Bar

ActiveHospitality & TourismVictoriaB2C

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Asking price

$450,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

—

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.

Bars in Victoria

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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 · $450K

18%

43%

18%

Under $100K$1M–$2.5M

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