Hydrant Bar, Richmond
Bar
ActiveHospitality & TourismVictoriaB2C
Asking price
$95,000
Disclosed · AUD
Revenue (est.)
~$297,619
Estimated · comparable listings of this type and size
Earnings (est.)
~$41,353
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Leasehold bar at the Burnley Street/Bridge Road junction
- Small, intimate fitout with premium spirits and wine offering
- Licensed until 1am with capacity for twenty patrons
- Freehold available separately for the premises
- Online ordering system in place for takeaway sales
Bars in Victoria
All 65 →Listed
65
+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
2
in 30 days
Asking price spread47 of 65 state a price
This listing · $95K
6%
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
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