Licensed Bar & Restaurant – St Kilda

Licensed Bar & Restaurant – St Kilda — Hospitality & Tourism · St Kilda · Asking $90,000

Fully licensed bar and restaurant trading for more than 20 years near Luna Park Benefits from steady referral trade from a neighbouring major theatre Seating for more than 65 patrons with a fully equipped commercial kitchen and pizza oven Trades six nights a week with a long lease and further renewal options Owner is selling to pursue other business interests

DealProspect/Listings/Hospitality & Tourism

Licensed Bar & Restaurant – St Kilda

Bar

ActiveHospitality & TourismVictoriaB2C

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Asking price

$90,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Fully licensed bar and restaurant trading for more than 20 years near Luna Park
Benefits from steady referral trade from a neighbouring major theatre
Seating for more than 65 patrons with a fully equipped commercial kitchen and pizza oven
Trades six nights a week with a long lease and further renewal options
Owner is selling to pursue other business interests

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

This listing · $90K

18%

43%

18%

Under $100K$1M–$2.5M

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