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DealProspect/Listings/Hospitality & Tourism

Bar & Asian Restaurant, Brisbane CBD

Bar

ActiveHospitality & TourismQueenslandB2C
Asking price
$779,000
Disclosed · AUD
Revenue
$3,120,000
TTM
Earnings (est.)
~$440,934
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • • Bar and Asian restaurant in the heart of Brisbane CBD, established 2011
  • • Approximately $60,000 per week in turnover
  • • Fully managed, modern two-level premises of about 420 sqm with 150 seats
  • • Trades for dining and after-dinner drinks
  • • Secure lease in place until 2033
  • • Long trading history in a premium CBD location

Bars in Queensland

All 10 →
Listed
10
+1 in 30 days
Median asking
$330K
9 priced
Earnings multiple
3×
43 listings
Price drops
1
in 30 days
Asking price spread9 of 10 state a price
This listing · $779K
22%
22%
11%
22%
22%
Under $100K$1M–$2.5M

Australia 124 · Victoria 71 · New South Wales 26 · Western Australia 12

Cafes 148 · Takeaways 105 · Automotive workshops 81 · General retail businesses 80 · Restaurants 73 · Manufacturing businesses 64