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DealProspect/Listings/Hospitality & Tourism

Licensed Japanese Restaurant, Southeast Bayside

Restaurant

ActiveHospitality & TourismB2C
Asking price
$780,000+
Disclosed · AUD
Revenue
$2,000,000
TTM
Earnings (est.)
~$357,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Licensed Japanese restaurant in a Southeast bayside location
  • Positioned on a busy commercial street with substantial foot traffic
  • Surrounded by retail and dining establishments
  • Fully staffed with four full-time and 10 part-time team members
  • 130 indoor seats and 60 outdoor seats including licensed footpath dining
  • Lease secured until 2029 with a further 5-year option