Large-Scale Riverside Restaurant & Events Venue, South Wharf
Restaurant
ActiveHospitality & TourismVictoriaB2B & B2C
Asking price
$4,800,000
Disclosed · AUD
Revenue
$8,500,000+
TTM
Net Profit
$1,600,000
Implied multiple
3.0×
asking / earnings
Brief
- Large-scale riverside hospitality venue on the edge of the CBD
- Unrivalled water frontage with panoramic city skyline views
- Open 7 days with a late-night liquor licence until 1am, seating for 393 patrons
- Fully managed operation with an experienced team
- Two long leases in place - one with 21 years, the other 26 years remaining
- Distinctive contemporary fit-out with indoor/outdoor dining zones
- Fully equipped commercial kitchen with walk-in cool rooms and separate prep kitchen
- Located in the South Wharf precinct near Crown Casino and the Convention Centre
- Extensive forward bookings secured for 2025/26
- Full training and handover available
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