Bar - Melbourne CBD

Bar - Melbourne CBD — Hospitality & Tourism · CBD, Melbourne · Asking $350,000 · Revenue $1,040,000

Bar in the Melbourne CBD with a 5am liquor licence, licensed for 100 people Same owner for 25 years Operates nights only, 7 nights a week, no lunch trade Low overheads on a long, secure lease

DealProspect/Listings/Hospitality & Tourism

Bar - Melbourne CBD

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · AUD

Revenue

$1,040,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Bar in the Melbourne CBD with a 5am liquor licence, licensed for 100 people
Same owner for 25 years
Operates nights only, 7 nights a week, no lunch trade
Low overheads on a long, secure lease

How it compares

Bars in Victoria · asking prices

In line with bigger bars here

Bigger bars here ask a median 0.29× revenue. On its $1,040,000 revenue, that points to about $301,000; reads like this are typically within 30%, so $211,000 to $391,000. It asks $350,000, inside that range.

Asking price: $350,0002.0 times the median of $175,000
Revenue: $1,040,000median is $1,092,000
Revenue multiple: 0.34×0.25× across the market; 0.29× for bigger ones, 0.25× for smaller
Time listed: 111 daysno price change

Bars in Victoria

Bars for sale in Victoria (60) →

Listed

+8 in 30 days

Median asking

$175K

43 priced

Median revenue

$1.1M

22 disclose

Earnings multiple

2.9×

37 listings

Price drops

in 30 days

Asking price spread43 of 60 state a price

This listing · $350K

16%

44%

19%

16%

Under $100K$1M–$2.5M

Australia 108 · New South Wales 20 · Western Australia 10 · Queensland 9

Cafes 442 · Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

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