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DealProspect/Listings/Hospitality & Tourism

Pub, Bar & Restaurant Venue, Melbourne Western Suburbs

Bar

ActiveHospitality & TourismB2C
Asking price
$395,000
Disclosed · AUD
Revenue
$1,300,000
TTM
Earnings (est.)
Implied multiple (assumed)

Brief

A refurbished pub, bar and restaurant venue on a prominent Melbourne western-suburbs corner, trading just four days a week under full management with long-term staff. Features a large bar, dining area, function space and beer garden for around 500 patrons, with a licence to 3am and clear scope to expand trading days and hours.

Listed
57
+7 in 30 days
Median asking
$175K
40 priced
Median revenue
$1.1M
18 disclose
Earnings multiple
2.9×
38 listings
Price drops
2
in 30 days
Asking price spread40 of 57 state a price
This listing · $395K
18%
43%
18%
18%
5%
Under $100K$1M–$2.5M

Australia 106 · New South Wales 20 · Western Australia 11 · Queensland 9

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