700-Person Tavern & Function Venue

700-Person Tavern & Function Venue — Hospitality & Tourism · Western Australia · Asking $2,100,000 · Revenue $5,720,000

Stunning purpose-built hospitality venue with a state-of-the-art internal fit-out Sports bar with TAB, function areas, a large dining room and extensive kitchen and bar facilities Restricted tavern licence for around 700 patrons across roughly 1,524 square metres plus alfresco All high-margin food and beverage sales, with an established client base and no packaged liquor A popular function and…

DealProspect/Listings/Hospitality & Tourism

700-Person Tavern & Function Venue

Bar

ActiveHospitality & TourismB2C

Find funding for this deal →View original listing ↗

Asking price

$2,100,000

Disclosed · AUD

Revenue

$5,720,000

TTM

Earnings (est.)

~$953,524

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Stunning purpose-built hospitality venue with a state-of-the-art internal fit-out
Sports bar with TAB, function areas, a large dining room and extensive kitchen and bar facilities
Restricted tavern licence for around 700 patrons across roughly 1,524 square metres plus alfresco
All high-margin food and beverage sales, with an established client base and no packaged liquor
A popular function and event venue trading seven days, offered with a new 30-year lease

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