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DealProspect/Listings/Hospitality & Tourism

Cocktail Bar & Restaurant - Sydney Tourist Precinct

Bar

ActiveHospitality & TourismNew South WalesB2C
Asking price
~$284,000
est. from headline + $14,000 stock · AUD
Revenue
$1,890,909
TTM
Net Profit
$396,968
Implied multiple (assumed)
~0.7×
Assumed · headline + $14,000 stock

Brief

Premium cocktail bar and full-service restaurant in one of Sydney's most visited tourist precincts, serving a modern Asian menu with Japanese influence. The venue has a multi-level fit-out, is licensed for 172 seats, and trades across dining, bottomless lunch sessions, live music and private events. Staffed by an owner plus full-time, part-time and casual employees. The lease runs to mid-2028 with a further three-year option.

Bars in New South Wales

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Listed
27
+2 in 30 days
Median asking
$349K
23 priced
Median revenue
$1.6M
10 disclose
Earnings multiple
3×
43 listings
Asking price spread23 of 27 state a price
This listing · $270K
22%
39%
26%
4%
Under $100K$2.5M–$5M

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