Profitable Fully Managed Bar - Melbourne CBD

Profitable Fully Managed Bar - Melbourne CBD — Hospitality & Tourism · Melbourne CBD, Victoria · Asking $469,000

Fully licensed rooftop cocktail bar in the heart of Melbourne's CBD Retractable roof and blinds, a state-of-the-art fit-out and a commercial-grade kitchen Currently operating under full management with a fully trained team in place Trades five days a week with a 1am liquor licence and seating for 100 Strong social media following of over 18,000 and a growing local customer base Secure lease with…

DealProspect/Listings/Hospitality & Tourism

Profitable Fully Managed Bar - Melbourne CBD

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$469,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Fully licensed rooftop cocktail bar in the heart of Melbourne's CBD
Retractable roof and blinds, a state-of-the-art fit-out and a commercial-grade kitchen
Currently operating under full management with a fully trained team in place
Trades five days a week with a 1am liquor licence and seating for 100
Strong social media following of over 18,000 and a growing local customer base
Secure lease with competitive rent and a renewal option

Bars in Victoria

Bars for sale in Victoria (58) →

Listed

+8 in 30 days

Median asking

$175K

41 priced

Median revenue

$1M

19 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread41 of 58 state a price

This listing · $469K

17%

44%

17%

Under $100K$1M–$2.5M

Australia 107 · New South Wales 20 · Western Australia 11 · Queensland 9

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