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DealProspect/Listings/Food & Beverage

Sporting Venue Bar & Bistro - North Canberra

Bar

ActiveFood & BeverageAustralian Capital TerritoryB2C
Asking price
$120,000
Disclosed · AUD
Revenue
$1,300,000
TTM
Earnings (est.)
~$182,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Bar and bistro operation within an established sporting venue in North Canberra
  • Built-in foot traffic from the venue's sporting activities, functions and events
  • Trained team already in place, allowing continued trading from day one
  • Fully equipped with a large commercial kitchen, walk-in cool rooms and freezers, and a fitted bar with tap beer
  • New lease with an initial rent-free period and turnover-based rent
  • Scope to grow through functions, events and expanded food and beverage offerings