Manly Restaurant and Cocktail Bar

Manly Restaurant and Cocktail Bar — Hospitality & Tourism · Manly · Revenue $2,400,000 · SDE $400,000

Well-established restaurant and cocktail bar in Manly with over 20 years of trading history Seating for around 130 patrons across internal and external dining and bar areas Full on-premises liquor licence with Primary Service Authorisation Live music venue with recently upgraded sound and production equipment New 15-year lease in place (5+5+5 structure) DA approval secured to extend the premises…

DealProspect/Listings/Hospitality & Tourism

Manly Restaurant and Cocktail Bar

Bar

ActiveHospitality & TourismNew South WalesB2C

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Asking price

Revenue

$2,400,000

TTM

Earnings

$400,000

Implied multiple (assumed)

Brief

Well-established restaurant and cocktail bar in Manly with over 20 years of trading history
Seating for around 130 patrons across internal and external dining and bar areas
Full on-premises liquor licence with Primary Service Authorisation
Live music venue with recently upgraded sound and production equipment
New 15-year lease in place (5+5+5 structure)
DA approval secured to extend the premises and outdoor courtyard seating

Bars in New South Wales

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Listed

+3 in 30 days

Median asking

$275K

18 priced

Median revenue

$2.5M

6 disclose

Earnings multiple

2.9×

38 listings

Asking price spread18 of 20 state a price

28%

11%

33%

22%

Under $100K$2.5M–$5M

Australia 107 · Victoria 58 · Western Australia 11 · Queensland 9

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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