Wine Bar & Event Space – Kew

Wine Bar & Event Space – Kew — Hospitality & Tourism · Kew · Asking POA

Established wine bar and event space in Kew, trading almost 7 years Ivy-covered building with wine garden and open fireplace 150sqm with 25+ seats inside and 40+ in the garden room Loyal, aspirational clientele; popular for weddings and private events

DealProspect/Listings/Hospitality & Tourism

Wine Bar & Event Space – Kew

Bar

ActiveHospitality & TourismVictoriaB2C

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Asking price

POA

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Established wine bar and event space in Kew, trading almost 7 years
Ivy-covered building with wine garden and open fireplace
150sqm with 25+ seats inside and 40+ in the garden room
Loyal, aspirational clientele; popular for weddings and private events

Bars in Victoria

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Listed

+9 in 30 days

Median asking

$172K

42 priced

Median revenue

$1M

19 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread42 of 59 state a price

19%

43%

17%

Under $100K$1M–$2.5M

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