Iconic Cocktail Bar, Sydney CBD
Bar
ActiveHospitality & TourismNew South WalesB2C
Asking price
$600,000
Disclosed · AUD
Revenue (est.)
~$1,408,781
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
Bars in New South Wales
All 24 →Listed
24
+2 in 30 days
Median asking
$200K
19 priced
Median revenue
$832K
8 disclose
Earnings multiple
5×
219 listings
Price drops
1
in 30 days
Asking price spread19 of 24 state a price
This listing · $600K
5%
Under $100K$2.5M–$5M
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