Bar & Restaurant – South of Perth, WA

Bar & Restaurant – South of Perth, WA — Hospitality & Tourism · Western Australia · Asking $1,550,000 · Revenue $2,666,040 · Net Profit $642,926

Established bar/restaurant south of Perth with a corner location and water/parkland outlook Run under management, with owners in an admin role only Trades five days, Wednesday to Sunday, for lunch and dinner Long lease expiring in 2044 Scope to add Monday/Tuesday trading and breakfast service

DealProspect/Listings/Hospitality & Tourism

Bar & Restaurant – South of Perth, WA

Bar

ActiveHospitality & TourismB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$2,666,040

TTM

Net Profit

$642,926

Implied multiple (assumed)

Brief

Established bar/restaurant south of Perth with a corner location and water/parkland outlook
Run under management, with owners in an admin role only
Trades five days, Wednesday to Sunday, for lunch and dinner
Long lease expiring in 2044
Scope to add Monday/Tuesday trading and breakfast service

How it compares

Bars in Western Australia · asking prices

In line with past bars like it

Past bars like it ask a median 2.0× earnings. On its $642,926 earnings, that points to about $1,290,000; reads like this are typically within 25%, so $968,000 to $1,610,000. It asks $1,550,000, inside that range.

Asking price: $1,550,0002.6 times the median of $600,000
Revenue: $2,666,0402nd biggest of 5
Time listed: 34 daysno price change

Bars in Western Australia

Bars for sale in Western Australia (11) →

Listed

+1 in 30 days

Median asking

$600K

9 priced

Median revenue

$2.2M

5 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread9 of 11 state a price

This listing · $1.6M

11%

22%

33%

11%

Under $100KOver $5M

Australia 106 · Victoria 57 · New South Wales 20 · Queensland 9

Manufacturing businesses 32 · Automotive workshops 27 · Cafes 25 · Wholesale and distribution businesses 25 · Restaurants 24 · General retail businesses 22

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