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DealProspect/Listings/Hospitality & Tourism

South Yarra Lounge & Shisha Venue

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$199,000
Disclosed · AUD
Revenue
$806,000
TTM
Earnings (est.)
~$216,975
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.9×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Evening-only pizza, pasta, cocktail and shisha lounge in South Yarra, combined with an online restaurant operation
  • Trading for 10 years with a large social media following and repeat regular customers
  • Owner currently works just one day per week
  • Fully equipped kitchen handling on-demand orders; 10 years remaining on the lease

Bars in Victoria

All 65
Listed
65
+2 in 30 days
Median asking
$230K
47 priced
Median revenue
$819K
24 disclose
Earnings multiple
219 listings
Price drops
3
in 30 days
Asking price spread47 of 65 state a price
This listing · $199K
11%
43%
19%
21%
6%
Under $100K$1M–$2.5M

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