Bar and Restaurant in Perth

Bar and Restaurant in Perth — Hospitality & Tourism · Western Australia · Asking $860,000 · Net Profit $580,000

Highly successful bar and restaurant with a huge social media presence and a unique reputation Gross profit margin of 72% in 2023 Currently run under management, with owners spending under 3 hours a week on the business Located in one of Perth's busiest hospitality precincts with high foot traffic First crowd-funded permanent restaurant in Australia; won a major hospitality award in 2023

DealProspect/Listings/Hospitality & Tourism

Bar and Restaurant in Perth

Restaurant

ActiveHospitality & TourismB2C

Find funding for this deal →View original listing ↗

Asking price

$860,000

Disclosed · AUD

Revenue (est.)

~$2,855,736

Estimated · comparable listings of this type and size

Net Profit

$580,000

Implied multiple

1.5×

asking / earnings

Brief

Highly successful bar and restaurant with a huge social media presence and a unique reputation
Gross profit margin of 72% in 2023
Currently run under management, with owners spending under 3 hours a week on the business
Located in one of Perth's busiest hospitality precincts with high foot traffic
First crowd-funded permanent restaurant in Australia; won a major hospitality award in 2023

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