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DealProspect/Listings/Hospitality & Tourism

City Fringe Bar & Function Venue

Bar

ActiveHospitality & TourismB2C
Asking price
$568,000
Disclosed · AUD
Revenue
$1,820,000
TTM
Earnings (est.)
~$254,800
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · asking ÷ estimated earnings (as advertised)
About this businessSourced Valentines Business Brokers
Snapshot — Business ID : 36933 Category : BAR Takings : $35,000 Per Week Asking Price : $568,000 Location : MELBOURNE VIC, 3000 BAR. 5 Nights. 5pm 'til Late. Closed Monday & Tuesday. 1am Liquor Licence. Taking $35,000 Per Week. Accommodates upto 280 People. City Fringe. Main Road. Semi Managed. Heaps Of Forward Bookings for Functions. Rent $7,700pm. New Long Secure Lease. Huge Potential & Growth. Huge Profit Margin. Priced To Sell At $568,000 ono. For More Details: Please Contact: Amin Badawi 0418 321 110 Or (03) 9571 7566 Download Our New Valentines App At: iTunes App Store : https://itunes.apple.com/us/app/valentines-app./id901458760?ls=1&mt=8 Google App Store: https://play.google.com/store/apps/details?id=com.app_valentinesbb.layout Also Please Visit: www.valentines.com.au
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