Fully Fitted Restaurant, Acland Street St Kilda

Fully Fitted Restaurant, Acland Street St Kilda — Food & Beverage · St Kilda, Melbourne · Asking $32,000 · Revenue $572,000

Beautifully fitted two-level restaurant on Acland Street, St Kilda Fully renovated in 2021 with a modern fit-out and seating for 60+ across two levels Fully equipped commercial kitchen and bar, ready to trade immediately Liquor licence permitting extended trading hours from 8am to 1am Turnkey opportunity suited to owner-operators, chefs or investors

DealProspect/Listings/Food & Beverage

Fully Fitted Restaurant, Acland Street St Kilda

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$32,000

Disclosed · AUD

Revenue

$572,000

TTM

Earnings (est.)

~$142,771

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~0.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Beautifully fitted two-level restaurant on Acland Street, St Kilda
Fully renovated in 2021 with a modern fit-out and seating for 60+ across two levels
Fully equipped commercial kitchen and bar, ready to trade immediately
Liquor licence permitting extended trading hours from 8am to 1am
Turnkey opportunity suited to owner-operators, chefs or investors

How it compares

Restaurants in Victoria · asking prices

79% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $572,000 revenue, that points to about $154,000; reads like this are typically within 30%, so $108,000 to $200,000. It asks $32,000.

Asking price: $32,00085% below the median of $215,000
Revenue: $572,000median is $994,000
Revenue multiple: 0.06×0.27× across the market; higher than 0 of 155
Time listed: 126 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (248) →

Listed

248

+20 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 · $32K

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

Get new restaurants in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Restaurants for sale in Victoria (248) →