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DealProspect/Listings/Hospitality & Tourism

Cafe & Bar - Melbourne CBD

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
Revenue
$11,960,000
TTM
Earnings (est.)
Implied multiple (assumed)

Brief

Long-established cafe and bar in the heart of Melbourne's CBD, trading for 25 years with capacity for up to 600 people across ground floor level. The venue holds a 3am liquor licence, operates under full management with 83 staff across a roughly even split of food and liquor trade, and benefits from a long 16-year lease with further options.

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  • How long it has been for sale
Listed
59
+8 in 30 days
Median asking
$175K
42 priced
Median revenue
$1.1M
22 disclose
Earnings multiple
3×
36 listings
Price drops
4
in 30 days
Asking price spread42 of 59 state a price
17%
43%
19%
17%
5%
Under $100K$1M–$2.5M

Australia 104 · New South Wales 19 · Western Australia 9 · Queensland 8

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