Pub and Restaurant, Melbourne City Centre

Pub and Restaurant, Melbourne City Centre — Hospitality & Tourism · Melbourne CBD · Asking Expressions of Interest · Revenue $4,000,000

Large-scale pub and restaurant with event spaces for up to 900 guests 1,000 sqm venue plus outdoor seating and a terrace garden Two bars offering 64 tap beers, wines and cocktails Currently trading five days a week, Monday to Friday, with scope to add weekends Highly rated with strong local, tourist and corporate trade

DealProspect/Listings/Hospitality & Tourism

Pub and Restaurant, Melbourne City Centre

Hotel

ActiveHospitality & TourismVictoriaB2C

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Asking price

Revenue

$4,000,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Large-scale pub and restaurant with event spaces for up to 900 guests
1,000 sqm venue plus outdoor seating and a terrace garden
Two bars offering 64 tap beers, wines and cocktails
Currently trading five days a week, Monday to Friday, with scope to add weekends
Highly rated with strong local, tourist and corporate trade

Hotels in Victoria

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Listed

+5 in 30 days

Median asking

$480K

29 priced

Median revenue

$1.3M

6 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread29 of 33 state a price

17%

31%

21%

10%

Under $100KOver $5M

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