Waterfront Bar & Restaurant – Southeast Queensland

Waterfront Bar & Restaurant – Southeast Queensland — Hospitality & Tourism · Queensland · Asking Offers Over $2,200,000 + Stock · Net Profit $700,000

Eclectic waterfront bar, restaurant and events venue on the coast of southeast Queensland Alfresco inside/outside dining with water views Under full management with excellent customer reviews Rent is low relative to industry standards on a long lease Function and event hosting capability alongside everyday dining

DealProspect/Listings/Hospitality & Tourism

Waterfront Bar & Restaurant – Southeast Queensland

Bar

ActiveHospitality & Tourism

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Asking price

Revenue (est.)

Net Profit

$700,000

Implied multiple (assumed)

Brief

Eclectic waterfront bar, restaurant and events venue on the coast of southeast Queensland
Alfresco inside/outside dining with water views
Under full management with excellent customer reviews
Rent is low relative to industry standards on a long lease
Function and event hosting capability alongside everyday dining

Bars in Queensland

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Listed

+1 in 30 days

Median asking

$470K

8 priced

Earnings multiple

2.9×

37 listings

Price drops

in 30 days

Asking price spread8 of 9 state a price

This listing · $2.2M

13%

25%

13%

25%

Under $100K$1M–$2.5M

Australia 108 · Victoria 60 · New South Wales 20 · Western Australia 10

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