City Fringe Bar & Function Venue

City Fringe Bar & Function Venue — Hospitality & Tourism · Melbourne · Asking $568,000 · Revenue $1,820,000

DealProspect/Listings/Hospitality & Tourism

City Fringe Bar & Function Venue

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$568,000

Disclosed · AUD

Revenue

$1,820,000

TTM

Earnings (est.)

~$279,661

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~2.0×

Assumed · asking ÷ estimated earnings (as advertised)

How it compares

Bars in Victoria · asking prices

In line with bigger bars here

Bigger bars here ask a median 0.3× revenue. On its $1,820,000 revenue, that points to about $553,000; reads like this are typically within 30%, so $387,000 to $719,000. It asks $568,000, inside that range.

Asking price: $568,0003.3 times the median of $171,500
Revenue: $1,820,000median is $1,040,000
Revenue multiple: 0.31×0.29× across the market; 0.3× for bigger ones, 0.25× for smaller
Time listed: 109 daysno price change

Bars in Victoria

Bars for sale in Victoria (59) →

Listed

+9 in 30 days

Median asking

$172K

42 priced

Median revenue

$1M

19 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread42 of 59 state a price

This listing · $568K

19%

43%

17%

Under $100K$1M–$2.5M

Australia 108 · New South Wales 20 · Western Australia 11 · Queensland 9

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67

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