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DealProspect/Listings/Hospitality & Tourism

Karaoke Bar in Glen Waverley

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$328,000
Disclosed · AUD
Revenue
$962,000
TTM
Earnings (est.)
~$229,726
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-established karaoke venue on a busy Glen Waverley commercial street with strong foot and vehicle traffic. The fit-out includes twelve private function rooms, a shisha lounge, a full commercial kitchen and a full liquor licence, open six nights a week until 3am. The same owner has run it for thirteen years.

Bars in Victoria

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Listed
68
+5 in 30 days
Median asking
$230K
51 priced
Median revenue
$819K
30 disclose
Earnings multiple
2.8×
27 listings
Price drops
4
in 30 days
Asking price spread51 of 68 state a price
This listing · $328K
10%
47%
22%
18%
4%
Under $100K$1M–$2.5M

Australia 116 · New South Wales 21 · Queensland 10 · Western Australia 8

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

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