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DealProspect/Listings/Hospitality & Tourism

Licensed Bar, Restaurant & Cafe Under Management - City Fringe

Bar

ActiveHospitality & TourismNew South WalesB2C
Asking price
~$940,000
est. from headline + $40,000 stock · AUD
Revenue
$2,860,000
TTM
Net Profit
$626,236
Implied multiple (assumed)
~1.5×
Assumed · headline + $40,000 stock

Brief

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.

Bars in New South Wales

All 27 →
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 · $900K
22%
39%
26%
4%
Under $100K$2.5M–$5M

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