Long-Established Indian Restaurant, Bentleigh

Long-Established Indian Restaurant, Bentleigh — Food & Beverage · Bentleigh · Asking $250,000 · Revenue $365,000

North Indian restaurant on a busy main road in Bentleigh, Melbourne's south-east, trading since the mid-1990s and relocated to its current fully fitted site in the early 2010s Seats 65 diners with a licensed capacity of 81, and holds a liquor licence Open Tuesday to Sunday for dinner only, with six staff including a full-time chef and the owner Lease runs 5+5 years from February 2024, with…

DealProspect/Listings/Food & Beverage

Long-Established Indian Restaurant, Bentleigh

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$250,000

Disclosed · AUD

Revenue

$365,000

TTM

Earnings (est.)

~$148,993

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

North Indian restaurant on a busy main road in Bentleigh, Melbourne's south-east, trading since the mid-1990s and relocated to its current fully fitted site in the early 2010s
Seats 65 diners with a licensed capacity of 81, and holds a liquor licence
Open Tuesday to Sunday for dinner only, with six staff including a full-time chef and the owner
Lease runs 5+5 years from February 2024, with further options
Fit-out was renovated at significant cost
Genuine sale, with owners in their mid-60s looking to retire after operating at a relaxed pace

How it compares

Restaurants in Victoria · asking prices

154% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $365,000 revenue, that points to about $98,600; reads like this are typically within 30%, so $69,000 to $128,000. It asks $250,000.

Asking price: $250,000about the median of $217,500
Revenue: $365,000median is $1,000,000
Revenue multiple: 0.68×0.27× across the market; higher than 150 of 154
Time listed: 127 daysno price change

Restaurants in Victoria

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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 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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