Docklands Waterfront Restaurant/Bar Premises For Lease

Docklands Waterfront Restaurant/Bar Premises For Lease — Hospitality & Tourism · Docklands, Melbourne · Asking POA

Fully fitted hospitality premises on the Docklands waterfront, currently not trading Offered for lease rather than as a going-concern sale 230sqm with seating for around 150 patrons indoors and outdoors Fully fitted commercial kitchen and walk-in coolroom/freezer Suitable for a range of concepts: cafe, restaurant or bar

DealProspect/Listings/Hospitality & Tourism

Docklands Waterfront Restaurant/Bar Premises For Lease

Hospitality Site

ActiveHospitality & TourismVictoriaB2C

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Asking price

POA

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Fully fitted hospitality premises on the Docklands waterfront, currently not trading
Offered for lease rather than as a going-concern sale
230sqm with seating for around 150 patrons indoors and outdoors
Fully fitted commercial kitchen and walk-in coolroom/freezer
Suitable for a range of concepts: cafe, restaurant or bar

Hospitality site businesses in Victoria

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Listed

+2 in 30 days

Median asking

$365K

10 priced

Median revenue

$1.4M

5 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread10 of 21 state a price

40%

10%

30%

10%

Under $100KOver $5M

Australia 33

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