Mediterranean Restaurant Near Melbourne University

Mediterranean Restaurant Near Melbourne University — Food & Beverage · Melbourne · Asking $138,000 · Revenue $300,000

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…

DealProspect/Listings/Food & Beverage

Mediterranean Restaurant Near Melbourne University

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$138,000

Disclosed · AUD

Revenue

$300,000

TTM

Earnings (est.)

Implied multiple (assumed)

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

How it compares

Restaurants in Victoria · asking prices

70% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $300,000 revenue, that points to about $81,400; reads like this are typically within 30%, so $57,000 to $106,000. It asks $138,000.

Asking price: $138,00037% below the median of $220,000
Revenue: $300,000median is $1,040,000
Revenue multiple: 0.46×0.27× across the market; higher than 138 of 150
Time listed: 130 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (238) →

Listed

238

+21 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

174 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread194 of 238 state a price

This listing · $138K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 442 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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