Wine Bar and Tex-Mex Venue, Ascot Vale

Wine Bar and Tex-Mex Venue, Ascot Vale — Hospitality & Tourism · Ascot Vale · Asking $149,000 · Revenue $443,000

Fitted wine bar and Tex-Mex restaurant on a busy Ascot Vale strip Curated wine list and share-style menu with a loyal local following Strong online reviews and repeat function/event bookings Plant and equipment valued at $150,000 included in the sale price Licensed premises with a secure long-term lease Upside identified in growing the functions trade

DealProspect/Listings/Hospitality & Tourism

Wine Bar and Tex-Mex Venue, Ascot Vale

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$149,000

Disclosed · AUD

Revenue

$443,000

TTM

Earnings (est.)

~$121,293

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Fitted wine bar and Tex-Mex restaurant on a busy Ascot Vale strip
Curated wine list and share-style menu with a loyal local following
Strong online reviews and repeat function/event bookings
Plant and equipment valued at $150,000 included in the sale price
Licensed premises with a secure long-term lease
Upside identified in growing the functions trade

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