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DealProspect/Listings/Retail

Contemporary Art Gallery & Bar, Southport

Bar

ActiveRetailQueenslandB2C
Asking price
$145,000
Disclosed · AUD
Revenue
Earnings (est.)
~$63,195
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief

A contemporary art business with sought-after licensed art brands, operating for the last 2.5 years in a premium Southport shopping precinct with healthy sales. The 159sqm site includes an architecturally designed bar that has been hosting events and could be re-launched under a new concept to create a hospitality experience complementing the surrounding outlets. It comes with a national art brand and supply chain and well-priced wholesale stock. Sites in this precinct rarely become available.