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DealProspect/Listings/Hospitality & Tourism

Karaoke Venue, Melbourne CBD

Entertainment Venue

ActiveHospitality & TourismVictoriaB2C
Asking price
$600,000
Disclosed · AUD
Revenue
$468,000
TTM
Earnings (est.)
~$222,700
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~2.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

Franchise karaoke entertainment venue in the Melbourne CBD, popular with a younger crowd and run fully under management. The current owner has operated it for several years, and the hands-off structure suits an investor looking for an established leisure venue with further upside.