Licensed Restaurant & Bar, Theatre Precinct

Licensed Restaurant & Bar, Theatre Precinct — Hospitality & Tourism · Melbourne · Asking Contact Broker

Restaurant/bar with scope to add event catering and functions Brand new fit-out 500sqm venue over two levels Full commercial kitchen New 25-year lease; licensed for 370 patrons Each level has separate entry, services and amenities

DealProspect/Listings/Hospitality & Tourism

Licensed Restaurant & Bar, Theatre Precinct

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

Contact Broker

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Restaurant/bar with scope to add event catering and functions
Brand new fit-out
500sqm venue over two levels
Full commercial kitchen
New 25-year lease; licensed for 370 patrons
Each level has separate entry, services and amenities

Bars in Victoria

Bars for sale in Victoria (59) →

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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