5-Day Bar Venue – Est. 1999, Lease to 2035
Bar
ActiveHospitality & TourismVictoriaB2C
Asking price
$230,000
Disclosed · AUD
Revenue
—
Earnings (est.)
~$100,240
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Bar venue established in 1999, with more than 25 years of continuous trading history in Melbourne
- Semi-managed operation with a team of approximately 7-9 experienced staff
- Trades five days a week (Wednesday, Thursday, Sunday, Friday and Saturday); closed Monday and Tuesday
- Approximately 295 sqm venue with multiple customer areas, a full commercial kitchen and dedicated bar facilities
- Liquor licence permits extended trading hours across the week
- Secure lease in place through to 2035
- Kitchen currently under-utilised, offering scope to expand food service and revenue streams
More hospitality & tourism businesses for sale
- Eco-Resort & Wedding Venue - MidginbilLodge · New South Wales · $6,750,000
- Management Rights - Everton ParkManagement Rights · Everton Park, Brisbane · $1,150,000
- Tasmania Motel-Style Accommodation - Freehold Going ConcernMotel · Expressions of Interest
- 14-Room Freehold Motel, Mackay QLDMotel · Mount Pleasant, Mackay · $4,150,000
- 40-Room Freehold Motel, Armidale NSWMotel · New South Wales · $13,000,000
- 15-Key Freehold Motel, Mulwala NSWMotel · New South Wales · $2,200,000
- Multi-Use Event Space – AlphingtonFunction & Event Venue · Victoria · $80,000
- High-Turnover Seafood Takeaway - Gold CoastTakeaway · Queensland · $539,000