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DealProspect/Listings/Hospitality & Tourism

Cafe & Bar Venue, Chapel Street Prahran

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
~$289,869
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$832,000
TTM
Earnings (est.)
~$203,674
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.4×
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

Bars in Victoria

Bars for sale in Victoria (59) →
Listed
59
+9 in 30 days
Median asking
$172K
42 priced
Median revenue
$1M
19 disclose
Earnings multiple
2.9×
38 listings
Price drops
2
in 30 days
Asking price spread42 of 59 state a price
19%
43%
17%
17%
5%
Under $100K$1M–$2.5M

Australia 108 · New South Wales 20 · Western Australia 11 · Queensland 9

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