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DealProspect/Listings/Hospitality & Tourism

French Bistro Off Chapel Street, Windsor

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$145,000
Disclosed · AUD
Revenue
$988,000
TTM
Earnings (est.)
~$249,174
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Intimate modern French bistro on High Street, Windsor, just off Chapel Street
  • Over $350,000 invested in a high-quality fit-out
  • Currently trading dinner only, open 5 nights
  • Fully licensed 7 days until 11:30pm for 27 patrons
  • Seating up to 50 inside plus 6 outside
  • Fully equipped commercial kitchen and cool room
  • Known for classic steak frites
  • Walk-in walk-out opportunity
  • Stated upside through extended hours, lunch/brunch trade and functions