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DealProspect/Listings/Hospitality & Tourism

Wine Bar & Functions – Ascot Vale

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$148,000
Disclosed · plus stock · AUD
Revenue
$443,000
TTM
Gross Profit
$311,000
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Fitted-out wine bar on a busy Ascot Vale shopping strip
  • Known for a curated wine list and share-style Tex-Mex menu
  • Popular venue for private functions and weekend gatherings
  • Fully licensed under a General Licence
  • Five-year lease with two further five-year options, commenced 2022
Listed
71
+8 in 30 days
Median asking
$190K
55 priced
Median revenue
$962K
31 disclose
Earnings multiple
3×
43 listings
Price drops
5
in 30 days
Asking price spread55 of 71 state a price
This listing · $148K
13%
47%
20%
16%
4%
Under $100K$1M–$2.5M

Australia 123 · New South Wales 26 · Western Australia 11 · Queensland 10

Restaurants 1020 · Takeaways 940 · Cafes 897 · Liquor stores 148 · Convenience stores 140 · General retail businesses 131