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DealProspect/Listings/Hospitality & Tourism

Licensed Bar & Restaurant in Prahran

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$147,524
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$520,000
TTM
Earnings (est.)
~$115,109
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Walk-in walk-out bar and restaurant in a top Prahran location
  • Good size commercial kitchen with cool room
  • Liquor licence for 133 patrons with late licence
  • Premises approximately 205sqm with high foot traffic
  • Two potential outdoor seating areas and two secure car parks
  • Suitable for any cuisine; potential to open seven days