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DealProspect/Listings/Hospitality & Tourism

Bar in Prahran

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$255,000
Disclosed · AUD
Revenue
$728,000
TTM
Earnings (est.)
~$194,303
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Established bar in Prahran, currently trading only 4 days a week
  • Seating capacity of 40 inside plus 10 outside seats
  • Currently fully under management
  • Growth potential to extend trading to 7 days

Bars in Victoria

All 65
Listed
65
+14 in 30 days
Median asking
$230K
47 priced
Median revenue
$819K
24 disclose
Earnings multiple
212 listings
Time listed
39d
12 tracked
Price drops
2
in 30 days
Asking price spread47 of 65 state a price
This listing · $255K
11%
43%
19%
21%
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