Hospitality Venue With Tavern Licence - Perth
Bar
ActiveHospitality & TourismWestern AustraliaB2C
Asking price
~$877,284
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,800,000
TTM
EBITDA
$336,947
Implied multiple (assumed)
~2.6×
Assumed · comparable listings of this type and size · typically within ±30%
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.
Bars in Western Australia
All 14 →Listed
14
+6 in 30 days
Median asking
$420K
11 priced
Median revenue
$2.2M
7 disclose
Earnings multiple
3.1×
36 listings
Price drops
1
in 30 days
Asking price spread11 of 14 state a price
9%
$100K–$250K$2.5M–$5M
Australia 123 · Victoria 71 · New South Wales 24 · Queensland 9
Manufacturing businesses 35 · Wholesale and distribution businesses 30 · Cafes 28 · Takeaways 28 · Automotive workshops 26 · Restaurants 22
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