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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

  • Established bar and bistro operation within a well-known sporting venue in North Canberra, benefiting from built-in patronage from the venue's sporting activities, functions and events.
  • Fully equipped with a large commercial kitchen, walk-in cool rooms and freezers, and a fully fitted bar with tap beer systems.
  • Well-trained team already in place, allowing an experienced operator to continue trading from day one.
  • New lease available with an initial rent-free period and turnover-based rent, offering a low-cost entry into an established, high-volume venue.