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.)

~$96,441

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

Implied multiple (assumed)

~1.4×

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

How it compares

Restaurants in Victoria · asking prices

71% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $300,000 revenue, that points to about $80,800; reads like this are typically within 30%, so $56,600 to $105,000. It asks $138,000.

Asking price: $138,00036% below the median of $215,000
Revenue: $300,000median is $994,000
Revenue multiple: 0.46×0.27× across the market; higher than 143 of 155
Time listed: 126 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (248) →

Listed

248

+19 in 30 days

Median asking

$215K

203 priced

Median revenue

$994K

180 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread203 of 248 state a price

This listing · $138K

13%

44%

24%

11%

Under $100K$2.5M–$5M

Australia 504 · New South Wales 114 · Queensland 75 · South Australia 25 · Western Australia 25

Cafes 441 · Takeaways 316 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67 · Manufacturing businesses 61

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