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DealProspect/Listings/Hospitality & Tourism

4-Night Wine Bar, Western Suburbs

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$99,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
—

Brief

  • Beautifully designed wine bar operating just 4 nights a week, leaving room for expansion
  • State-of-the-art fit-out with an elegant, modern ambiance
  • Prime location in the bustling western suburbs of Melbourne with a vibrant dining and nightlife scene
  • Secure 10-year lease with affordable rent
  • Fully equipped commercial kitchen not currently utilised, ready to introduce a food menu
  • Growth potential through extending trading nights, hours or hosting private events
Listed
57
+7 in 30 days
Median asking
$175K
40 priced
Median revenue
$1.1M
18 disclose
Earnings multiple
2.9×
38 listings
Price drops
2
in 30 days
Asking price spread40 of 57 state a price
This listing · $99K
18%
43%
18%
18%
5%
Under $100K$1M–$2.5M

Australia 106 · New South Wales 20 · Western Australia 11 · Queensland 9

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