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DealProspect/Listings/Hospitality & Tourism

Hightail Bar & Grill, Docklands

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
~$1,380,000
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$4,000,000
TTM
Earnings (est.)
~$601,438
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Pub and bar & grill at the western end of Collins Street, Melbourne city centre.
  • Over 1,000 sqm indoor space plus outdoor seating and terrace garden.
  • Licensed for 970 patrons; functions for up to 900 guests.
  • Two bars, 64 taps and a fully equipped commercial kitchen.
  • Basement with beer cellars, walk-in freezer and cool rooms.
  • Currently trading 5 days a week (Monday-Friday).