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DealProspect/Listings/Hospitality & Tourism

Late-Night Bar Venue, Inner Melbourne

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
~$344,400
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,000,000
TTM
Earnings (est.)
~$150,098
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Established late-night bar venue in a high street location in inner Melbourne
  • Hosts regular entertainment with a 150 sqm floor space, office and storage area
  • Licensed to 1am for 70 patrons with a commercial-grade kitchen
  • Serves draught beers, ciders, ales, spirits, wines, cocktails and tapas
  • Open Tuesday to Sunday with seasoned long-term staff and managers
  • Established over 15 years; owners support a smooth transfer