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DealProspect/Listings/Hospitality & Tourism

Surfers Paradise Entertainment Bars Lease Takeover

Bar

ActiveHospitality & TourismQueenslandB2C
Asking price
$0.00
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
—

Brief

  • Lease takeover of two entertainment bars within the same Surfers Paradise premises
  • No goodwill cost; take over the lease and begin trading
  • Fully fitted immersive entertainment venue with significant fitout investment already in place
  • Trained staff and a management structure in place; can run hands-on or under management
  • Growth potential through events, corporate functions, VIP packages and tourism partnerships

Bars in Queensland

All 9 →
Listed
9
+1 in 30 days
Median asking
$253K
8 priced
Earnings multiple
3.1×
38 listings
Price drops
1
in 30 days
Asking price spread8 of 9 state a price
25%
25%
13%
13%
25%
Under $100K$1M–$2.5M

Australia 121 · Victoria 71 · New South Wales 24 · Western Australia 13

Cafes 148 · Takeaways 109 · Automotive workshops 84 · General retail businesses 77 · Restaurants 73 · Manufacturing businesses 65