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 $140,000; reads like this are typically within 30%, so $98,000 to $182,000. It asks $148,000, inside that range.

Asking price: $148,00032% below the median of $217,500
Revenue: $520,000median is $1,000,000
Revenue multiple: 0.28×0.27× across the market; higher than 85 of 154
Time listed: 127 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 · $148K

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

Get new restaurants in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Restaurants for sale in Victoria (247) →