Cabinet Bar, Melbourne CBD
Bar
ActiveHospitality & TourismVictoriaB2C
Asking price
$150,000
Disclosed · AUD
Revenue (est.)
~$478,469
Estimated · comparable listings of this type and size
Earnings (est.)
~$65,374
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Laneway bar beside Melbourne Town Hall with French-inspired decor
- On-premises licence to 1am, capacity of 90; balcony overlooking Swanston Street
- Small commercial kitchen at the rear; all fixtures and fittings included
- Strong trade from office workers and major city events
Bars in Victoria
All 65 →Listed
65
+2 in 30 days
Median asking
$230K
47 priced
Median revenue
$819K
24 disclose
Earnings multiple
5×
219 listings
Price drops
3
in 30 days
Asking price spread47 of 65 state a price
This listing · $150K
6%
Under $100K$1M–$2.5M
Australia 122 · New South Wales 24 · Queensland 14 · Western Australia 8
Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 78
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