Licensed Bar, Restaurant & Cafe Under Management - City Fringe

Licensed Bar, Restaurant & Cafe Under Management - City Fringe — Hospitality & Tourism · Sydney · Asking $900,000 · Revenue $2,860,000 · Net Profit $626,236

Fully licensed bar, restaurant and cafe under management in a busy City Fringe shopping precinct surrounded by apartment developments, serving beer, wine and fusion food across 250 sqm with 11 taps and seating for around 222 indoor and outdoor. Hosts corporate meetings and after-office drinks. Staffed by six full timers, three part timers and eight casuals.

DealProspect/Listings/Hospitality & Tourism

Licensed Bar, Restaurant & Cafe Under Management - City Fringe

Bar

ActiveHospitality & TourismNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$2,860,000

TTM

Net Profit

$626,236

Implied multiple (assumed)

Brief

How it compares

Bars in New South Wales · asking prices

In line with past bars like it

Past bars like it ask a median 0.35× revenue. On its $2,860,000 revenue, that points to about $1,000,000; reads like this are typically within 30%, so $700,000 to $1,300,000. It asks $900,000, inside that range.

Asking price: $900,0003.3 times the median of $275,000
Revenue: $2,860,000biggest of 6
Time listed: 30 daysno price change

Bars in New South Wales

Bars for sale in New South Wales (20) →

Listed

+3 in 30 days

Median asking

$275K

18 priced

Median revenue

$2.5M

6 disclose

Earnings multiple

2.9×

38 listings

Asking price spread18 of 20 state a price

This listing · $900K

28%

11%

33%

22%

Under $100K$2.5M–$5M

Australia 107 · Victoria 58 · Western Australia 11 · Queensland 9

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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