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DealProspect/Listings/Hospitality & Tourism

South Yarra Bar - Leasehold

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$65,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
—

Brief

A themed nightlife venue on Commercial Road in South Yarra, popular for parties and hens nights, with a dance floor, DJ booth and upstairs karaoke room. Holds an on-premises licence until 1am and currently trades two days a week, leaving room to extend hours. Offered walk-in walk-out with over eight years remaining on the lease.

Listed
57
+7 in 30 days
Median asking
$175K
41 priced
Median revenue
$1M
17 disclose
Earnings multiple
2.9×
37 listings
Price drops
6
in 30 days
Asking price spread41 of 57 state a price
This listing · $65K
15%
46%
17%
17%
5%
Under $100K$1M–$2.5M

Australia 105 · New South Wales 21 · Western Australia 12 · Queensland 9

Cafes 429 · Takeaways 314 · Restaurants 245 · General retail businesses 71 · Newsagencies 67 · Supermarkets 64