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DealProspect/Listings/Hospitality & Tourism

Hunky Dory Franchise, Wantirna South

Bar

ActiveHospitality & TourismVictoriaB2C
Asking price
$198,000
Disclosed · AUD
Revenue
$988,000
TTM
Earnings (est.)
~$265,970
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Hunky Dory franchise located at Westfield Knox Shopping Centre, Wantirna South
  • Situated in the Knox Ozone food precinct
  • Currently operating fully under management
  • Licensed for 130 patrons, trading 7am-1am
  • Large store of 141sqm internally plus outdoor licensed seating area
  • Internal and external seating for 110 patrons
  • Franchise fee 7%, marketing fee 1%, compulsory 12-week training
  • Hunky Dory has 15 stores in Victoria with further stores opening
  • Only owner-operators considered by the franchisor

Bars in Victoria

All 71 →
Listed
71
+7 in 30 days
Median asking
$198K
55 priced
Median revenue
$981K
30 disclose
Earnings multiple
3×
43 listings
Price drops
5
in 30 days
Asking price spread55 of 71 state a price
This listing · $198K
13%
45%
22%
16%
4%
Under $100K$1M–$2.5M

Australia 124 · New South Wales 26 · Western Australia 12 · Queensland 10

Restaurants 1022 · Takeaways 934 · Cafes 897 · Liquor stores 146 · Convenience stores 140 · General retail businesses 130