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DealProspect/Listings/Food & Beverage

Multi-Site Restaurant Group, Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$600,000
Disclosed · AUD
Revenue (est.)
~$1,544,799
Estimated · comparable listings of this type and size
Earnings (est.)
~$281,809
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Multi-site restaurant group on the Gold Coast, an icon of the area for over three decades
  • Three venues in premier locations supported by a central production kitchen
  • Owners work behind the scenes, with two full-time chefs and supervisory and casual staff
  • Long leases with generous terms across the venues
  • Growth potential through expansion, menu engineering and labour efficiencies