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Melbourne CBD Nightclub/Bar (3am Licence)

Bar

ActiveHospitality & TourismVictoria
Asking price
$165,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
—

Brief

  • Nightclub/bar in Melbourne's CBD entertainment precinct with a full 3am licence for 140 patrons
  • All plant and equipment included and in good condition
  • Currently open five nights a week, with room to extend to seven
  • Trained team already in place to run it
  • Secure long-term lease at a reasonable rent
  • Owner selling to pursue other business interests
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  • How long it has been for sale
Listed
59
+8 in 30 days
Median asking
$175K
42 priced
Median revenue
$1.1M
22 disclose
Earnings multiple
3×
36 listings
Price drops
4
in 30 days
Asking price spread42 of 59 state a price
This listing · $165K
17%
43%
19%
17%
5%
Under $100K$1M–$2.5M

Australia 104 · New South Wales 19 · Western Australia 9 · Queensland 8

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