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DealProspect/Listings/Hospitality & Tourism

Iconic Cocktail Bar, Sydney CBD

Bar

ActiveHospitality & TourismNew South WalesB2C
Asking price
$600,000
Disclosed · AUD
Revenue (est.)
~$1,589,825
Estimated · comparable listings of this type and size
Earnings (est.)
~$261,495
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Established cocktail bar in Sydney's CBD entertainment precinct
  • Distinctive fit-out and atmosphere with a loyal repeat clientele
  • Strong tourism and local patronage, with excellent transport accessibility
  • Operates under management with experienced staff in place
  • Equipped to host private functions, live entertainment and corporate events
  • Strong online reputation and social media following