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Riverside Bar & Cafe, Southbank

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$390,000
Disclosed · AUD
Revenue
$3,380,000
TTM
Earnings (est.)
Implied multiple (assumed)

Brief

  • Fully managed bar and cafe with river views over the Yarra, opposite Flinders Street
  • Trades seven days a week from morning until late evening, with a broad food and beverage offering including Mexican-inspired cuisine
  • Long lease secured with a further renewal option
  • Full commercial kitchen and a late-hours liquor licence in place
  • Staffed by a mix of full-time and casual employees supporting the under-management operation
A free account shows the full picture on this listing
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  • An email if this price drops
  • 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 · $390K
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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