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DealProspect/Listings/Hospitality & Tourism

Asian Fusion Restaurant & Bar in Brighton

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$100,000
Disclosed · AUD
Revenue
$1,000,000+
TTM
Net Profit
$190,000+
Implied multiple
0.5×
asking / earnings
Brief
  • Recognisable Brighton venue on Church Street retail and lifestyle precinct
  • Premium Asian fusion restaurant and bar with a moody, elegant interior
  • Licensed for 132 patrons until 11pm
  • Over $400,000 spent on the fit-out
  • 7-day dinner service
  • Fully fitted kitchen, bar and designer dining space
  • Metres from Middle Brighton Station
  • Experienced staff with full systems and handover in place
  • Trial period and due diligence available