Restaurant in Prime Brunswick Location

Restaurant in Prime Brunswick Location — Food & Beverage · Brunswick · Asking $148,000 · Revenue $520,000 · SDE $104,000

Restaurant on a busy main road in Brunswick, in Melbourne's inner north Currently trades limited daytime hours only, from 9am to 4pm Semi under management, with room for a more hands-on owner to grow trade Seats 72 patrons, with a fully equipped commercial kitchen Long 11-year lease at low rent Scope to introduce night trade and extend operating hours

DealProspect/Listings/Food & Beverage

Restaurant in Prime Brunswick Location

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$148,000

Disclosed · AUD

Revenue

$520,000

TTM

Earnings

$104,000

Implied multiple

1.4×

asking / earnings

Brief

Restaurant on a busy main road in Brunswick, in Melbourne's inner north
Currently trades limited daytime hours only, from 9am to 4pm
Semi under management, with room for a more hands-on owner to grow trade
Seats 72 patrons, with a fully equipped commercial kitchen
Long 11-year lease at low rent
Scope to introduce night trade and extend operating hours

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $520,000 revenue, that points to about $141,000; reads like this are typically within 30%, so $98,700 to $183,000. It asks $148,000, inside that range.

Asking price: $148,00032% below the median of $217,500
Revenue: $520,000median is $1,040,000
Revenue multiple: 0.28×0.27× across the market; higher than 83 of 151
Time listed: 130 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 · $148K

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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