Cabinet Bar, Melbourne CBD

Cabinet Bar, Melbourne CBD — Hospitality & Tourism · Melbourne CBD · Asking $150,000

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

DealProspect/Listings/Hospitality & Tourism

Cabinet Bar, Melbourne CBD

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue (est.)

~$469,925

Estimated · comparable listings of this type and size

Earnings (est.)

~$65,294

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

+14 in 30 days

Median asking

$230K

47 priced

Median revenue

$819K

24 disclose

Earnings multiple

5×

212 listings

Time listed

39d

12 tracked

Price drops

in 30 days

Asking price spread47 of 65 state a price

This listing · $150K

11%

43%

19%

21%

Under $100K$1M–$2.5M

New South Wales 24 · Queensland 14 · Western Australia 8

Cafes 575 · Takeaways 528 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77

Priced like this one

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