Bar and Pizza Restaurant in Southbank

Bar and Pizza Restaurant in Southbank — Hospitality & Tourism · Southbank, Melbourne · Asking $450,000 · Revenue $1,144,000

Bar and pizza restaurant in Southbank with a full liquor licence and short trading hours. Same owner for fifteen years, generous seating on a ten-year lease in a busy location.

DealProspect/Listings/Hospitality & Tourism

Bar and Pizza Restaurant in Southbank

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$450,000

Disclosed · AUD

Revenue

$1,144,000

TTM

Earnings (est.)

~$191,391

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~2.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Bar and pizza restaurant in Southbank with a full liquor licence and short trading hours. Same owner for fifteen years, generous seating on a ten-year lease in a busy location.

Bars in Victoria

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Listed

+5 in 30 days

Median asking

$230K

51 priced

Median revenue

$819K

30 disclose

Earnings multiple

2.8×

27 listings

Price drops

in 30 days

Asking price spread51 of 68 state a price

This listing · $450K

10%

47%

22%

18%

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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