Werribee Restaurant & Bar Venue

Werribee Restaurant & Bar Venue — Hospitality & Tourism · Werribee, Melbourne · Asking POA

Fully fitted restaurant and bar venue in Werribee, in Melbourne's west Offered as a chattel sale business name, fit-out and lease transfer included, without financial records or staff obligations carrying over Fit-out reflects a significant recent investment in design and setup Fully licensed for on-premises and footpath trading, with a commercial-grade kitchen and bar ready to go Indoor and…

DealProspect/Listings/Hospitality & Tourism

Werribee Restaurant & Bar Venue

Bar

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

POA

Disclosed · AUD

Revenue

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Earnings

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Implied multiple

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Brief

Fully fitted restaurant and bar venue in Werribee, in Melbourne's west
Offered as a chattel sale - business name, fit-out and lease transfer included, without financial records or staff obligations carrying over
Fit-out reflects a significant recent investment in design and setup
Fully licensed for on-premises and footpath trading, with a commercial-grade kitchen and bar ready to go
Indoor and outdoor dining and event spaces suit private functions such as birthdays and corporate events
Comes with an existing social media presence; current owner is stepping away due to personal circumstances

Bars in Victoria

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Listed

+5 in 30 days

Median asking

$215K

52 priced

Median revenue

$832K

31 disclose

Earnings multiple

2.9×

34 listings

Price drops

in 30 days

Asking price spread52 of 67 state a price

10%

48%

21%

17%

Under $100K$1M–$2.5M

Australia 116 · New South Wales 22 · Queensland 10 · Western Australia 9

Restaurants 1020 · Takeaways 927 · Cafes 889 · Liquor stores 145 · Convenience stores 140 · Bakeries 127

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