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DealProspect/Listings/Hospitality & Tourism

Mediterranean Restaurant Near Melbourne University

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$138,000
Disclosed · AUD
Revenue
$300,000
TTM
Earnings (est.)
~$75,660
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Restaurant in high-exposure main road position on the city fringe near Melbourne University
  • Currently trading only 5 nights, offering scope to extend hours
  • Large capacity with seating for 136 including outdoor area
  • Semi-under management, running with minimal owner involvement
  • Fully renovated and fitted with a full commercial kitchen
  • Currently operating as a Mediterranean restaurant
  • Secure lease in place