Late-Night Music Bar – Bendigo CBD

Late-Night Music Bar – Bendigo CBD — Hospitality & Tourism · Bendigo · Asking $750,000

Double-storey late-night bar and nightclub venue in central Bendigo Ground-floor cocktail bar and upstairs nightclub space, each able to run as a private function room Late Night On-Premises Licence permitting trade until 3am with capacity for 425 patrons Recently renovated with fixtures and fittings included in the sale

DealProspect/Listings/Hospitality & Tourism

Late-Night Music Bar – Bendigo CBD

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$750,000

Disclosed · AUD

Revenue (est.)

~$1,988,862

Estimated · comparable listings of this type and size · typically within ±25%

Earnings (est.)

~$348,222

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~2.2×

comparable listings of this type and size · typically within ±25%

Brief

Double-storey late-night bar and nightclub venue in central Bendigo
Ground-floor cocktail bar and upstairs nightclub space, each able to run as a private function room
Late Night On-Premises Licence permitting trade until 3am with capacity for 425 patrons
Recently renovated with fixtures and fittings included in the sale

Bars in Victoria

Bars for sale in Victoria (59) →

Listed

+9 in 30 days

Median asking

$172K

42 priced

Median revenue

$1M

19 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread42 of 59 state a price

This listing · $750K

19%

43%

17%

Under $100K$1M–$2.5M

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