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DealProspect/Listings/Hospitality & Tourism

Cafe & Bar Venue, Chapel Street Prahran

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
~$293,114
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$832,000
TTM
Earnings (est.)
~$127,746
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Under-management daytime cafe with a commercial kitchen, plus a night-time bar and nightclub next door and upstairs
  • Prime, high-traffic position in a sought-after pocket of Chapel Street, Prahran
  • All licences included, with the bar areas licensed until 3am seven days a week
  • Bar carries a red-zone capacity of 300, suited to high-volume trade
  • Turnkey daytime-to-nightlife venue with a long, flexible lease