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DealProspect/Listings/Hospitality & Tourism

Melbourne Bar & Restaurant Venue

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$100,000
Disclosed · AUD
Revenue (est.)
~$324,992
Estimated · comparable listings of this type and size
Earnings (est.)
~$43,529
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Turnkey hospitality venue suited to a bar, restaurant or functions concept.
  • 250 sqm open-plan space seating 100+ patrons.
  • Band and dance area plus commercial kitchen.
  • 1am liquor licence.
  • New lease at $86,000 plus $10,000 outgoings.