Large-Scale Riverside Restaurant & Events Venue, South Wharf

Large-Scale Riverside Restaurant & Events Venue, South Wharf — Food & Beverage · South Wharf, Melbourne · Asking $4,800,000 · Revenue $8,500,000+ · Net Profit $1,600,000

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…

DealProspect/Listings/Food & Beverage

Large-Scale Riverside Restaurant & Events Venue, South Wharf

Restaurant

ActiveFood & BeverageVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

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

How it compares

Restaurants in Victoria · asking prices

109% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $8,500,000 revenue, that points to about $2,300,000; reads like this are typically within 30%, so $1,610,000 to $2,990,000. It asks $4,800,000.

Asking price: $4,800,00022.1 times the median of $217,500
Revenue: $8,500,000biggest of 175
Revenue multiple: 0.56×0.27× across the market; higher than 145 of 151
Time listed: 129 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (242) →

Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

This listing · $4.8M

12%

44%

24%

12%

Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 448 · Takeaways 316 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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