Cafe & Bar Venue, Chapel Street Prahran

Cafe & Bar Venue, Chapel Street Prahran — Hospitality & Tourism · Prahran · Asking POA · Revenue $832,000

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…

DealProspect/Listings/Hospitality & Tourism

Cafe & Bar Venue, Chapel Street Prahran

Bar

ActiveHospitality & TourismVictoriaB2C

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Asking price

Revenue

$832,000

TTM

Earnings (est.)

Implied multiple (assumed)

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

Bars in Victoria

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Listed

+7 in 30 days

Median asking

$175K

40 priced

Median revenue

$1.1M

18 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread40 of 57 state a price

18%

43%

18%

Under $100K$1M–$2.5M

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