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DealProspect/Listings/Hospitality & Tourism

Tavern, Restaurant & Craft Brewery – Northbridge

Bar

ActiveHospitality & TourismWestern AustraliaB2C
Asking price
~$1,520,000
est. from headline + $20,000 stock · AUD
Revenue (est.)
~$3,986,362
Estimated · comparable listings of this type and size · typically within ±25%
Earnings (est.)
~$790,391
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.9×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Whole-of-building tavern, restaurant and working craft brewery in Northbridge, Perth
  • Tavern Licence with Extended Trading Permit, approved for 620 patrons
  • On-site craft brewery under its own Commonwealth excise licence
  • New five-year lease with two further five-year terms
  • Currently trading five days a week with scope to extend to seven
  • Trading income of $1,619,951 is reported for an eight-month period only, so it was not recorded as an annual revenue figure
  • Scope to grow functions, delivery and wholesale beer supply

Bars in Western Australia

All 8 →
Listed
8
+2 in 30 days
Median asking
$420K
7 priced
Earnings multiple
2.8×
27 listings
Price drops
1
in 30 days
Asking price spread7 of 8 state a price
This listing · $1.5M
14%
43%
14%
29%
$100K–$250K$1M–$2.5M

Australia 118 · Victoria 68 · New South Wales 21 · Queensland 10

Manufacturing businesses 38 · Wholesale and distribution businesses 31 · Cafes 28 · Automotive workshops 25 · Childcare centres 22 · Restaurants 22

Priced like this one

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