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DealProspect/Listings/Hospitality & Tourism

Karaoke Bar - Melbourne CBD

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$330,000
Disclosed · AUD
Revenue
$728,000
TTM
Earnings (est.)
~$173,846
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.9×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

Karaoke bar trading from a highly visible commercial strip in the Melbourne CBD, fitted out with five function rooms under a recent, brand-new set-up. The venue holds a full liquor licence, runs under full management, and offers an easy-to-operate format with scope for further growth.

Bars in Victoria

All 68
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 · $330K
10%
47%
22%
18%
4%
Under $100K$1M–$2.5M

Australia 118 · New South Wales 21 · Queensland 10 · Western Australia 8

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