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DealProspect/Listings/Hospitality & Tourism

Wine Bar, Bistro & Cinema in North Fitzroy

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
~$264,225
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$750,000+
TTM
Earnings (est.)
~$115,156
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Wine bar, cocktail bar, bistro, cinema, live music and events venue in North Fitzroy.
  • Trading consistently for 12 years.
  • 30-seat cinema hosts events 7 days a week, plus a middle function room.
  • Three-bedroom residence above the ground floor with commercial prep kitchen.
  • Planning permit amendment allows trading hours to increase from 41 to 83 hours per week.
  • Current set-up for 50+ covers; 8 years remain on the lease.