CBD Bar, Melbourne
Bar
ActiveHospitality & TourismVictoriaB2C
Asking price
$550,000
Disclosed · AUD
Revenue (est.)
~$1,399,847
Estimated · comparable listings of this type and size
Earnings (est.)
~$239,704
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Bar in the heart of the Melbourne CBD, offered for the first time.
- Operating for around two decades.
- Currently trading nights only, with scope to extend opening hours.
- Holds a 3am liquor licence.
- Currently run absentee, suiting an owner-operator.
- Long secure lease with stated good rental terms.
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