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Hospitality Venue With Tavern Licence - Perth

Bar

ActiveHospitality & TourismWestern AustraliaB2C
Asking price
Revenue
$1,800,000
TTM
EBITDA
$336,947
Implied multiple (assumed)

Brief

A large 840 sqm hospitality venue in one of Perth's fast-growing entertainment precincts, holding a 300-person tavern licence and operating across cocktail bars, a spirits school, functions and events, and a fully equipped commercial kitchen. An on-site craft spirits producer contributes to rent and outgoings, the venue carries a long lease with up to 11 years remaining, and the recent outsourcing of the kitchen leaves scope for a new operator to bring food revenue back in-house.

Listed
10
+1 in 30 days
Median asking
$575K
8 priced
Median revenue
$2.2M
5 disclose
Earnings multiple
2.9×
37 listings
Price drops
1
in 30 days
Asking price spread8 of 10 state a price
13%
25%
25%
25%
13%
Under $100KOver $5M

Australia 108 · Victoria 60 · New South Wales 20 · Queensland 9

Manufacturing businesses 32 · Automotive workshops 27 · Cafes 25 · Wholesale and distribution businesses 25 · General retail businesses 23 · Restaurants 23

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