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DealProspect/Listings/Hospitality & Tourism

Indian Restaurant & Function Centre

Restaurant

ActiveHospitality & TourismB2C
Asking price
$275,000+
Disclosed · AUD
Revenue
$900,000
TTM
Net Profit
$160,000
Implied multiple
1.7×
asking / earnings
Brief
  • Indian/Pakistani restaurant in Melbourne's north
  • Operating for several years with a reputation for authentic cuisine
  • Beautifully fitted 450 sqm premises seating more than 150 patrons
  • Fully equipped commercial kitchen handling dine-in and large functions
  • Dining layout includes buffet, party and function areas, plus scope for outdoor seating
  • Extensive plant and equipment including walk-in cool room, freezer and gas tandoor
  • Onsite and nearby parking for up to 200 vehicles
  • Secure lease terms