Restaurant, Bar & Function Venue, Ivanhoe

Restaurant, Bar & Function Venue, Ivanhoe — Food & Beverage · Ivanhoe · Asking $250,000 · Revenue $1,000,000 · Net Profit $250,000

Established restaurant, bar and function venue trading over 20 years Two separate licensed areas for dining and bar/function trade Over 400sqm premises with rear courtyard and staff parking Secure lease with multiple renewal options

DealProspect/Listings/Food & Beverage

Restaurant, Bar & Function Venue, Ivanhoe

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$250,000

Disclosed · AUD

Revenue

$1,000,000

TTM

Net Profit

$250,000

Implied multiple

1.0×

asking / earnings

Brief

Established restaurant, bar and function venue trading over 20 years
Two separate licensed areas for dining and bar/function trade
Over 400sqm premises with rear courtyard and staff parking
Secure lease with multiple renewal options

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,000,000 revenue, that points to about $271,000; reads like this are typically within 30%, so $190,000 to $352,000. It asks $250,000, inside that range.

Asking price: $250,000about the median of $217,500
Revenue: $1,000,000median is $1,040,000
Revenue multiple: 0.25×0.27× across the market; higher than 60 of 151
Time listed: 129 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $250K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 501 · New South Wales 112 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 441 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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