Cocktail Bar & Live Entertainment Venue, Thornbury

Cocktail Bar & Live Entertainment Venue, Thornbury — Hospitality & Tourism · Thornbury, Melbourne · Asking POA

Stylish bar and live entertainment venue on Thornbury's High Street Licensed until 3am with capacity for 100+ patrons Fully equipped and turnkey, ready to trade from day one Consistent weekly trade with a loyal customer base Secure long-term lease with attractive rent Outdoor patio suited to al fresco drinking and socialising Short trading hours offering good lifestyle balance Strong online…

DealProspect/Listings/Hospitality & Tourism

Cocktail Bar & Live Entertainment Venue, Thornbury

Bar

ActiveHospitality & TourismVictoriaB2C

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Asking price

POA

Disclosed · AUD

Revenue

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Earnings

—

Implied multiple

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Brief

Stylish bar and live entertainment venue on Thornbury's High Street
Licensed until 3am with capacity for 100+ patrons
Fully equipped and turnkey, ready to trade from day one
Consistent weekly trade with a loyal customer base
Secure long-term lease with attractive rent
Outdoor patio suited to al fresco drinking and socialising
Short trading hours offering good lifestyle balance
Strong online reputation and review ratings
Suited to live music, DJ sets, comedy nights and private functions

Bars in Victoria

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Listed

+7 in 30 days

Median asking

$175K

40 priced

Median revenue

$1.1M

18 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread40 of 57 state a price

18%

43%

18%

Under $100K$1M–$2.5M

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