CBD Bar & Function Venue, Melbourne
Bar
ActiveHospitality & TourismVictoriaB2C
Asking price
$450,000
Disclosed · AUD
Revenue (est.)
~$1,462,463
Estimated · comparable listings of this type and size
Earnings (est.)
~$195,882
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.
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