Pizza Shop & Licensed Bar, Lower North Shore

Pizza Shop & Licensed Bar, Lower North Shore — Food & Beverage · Lower North Shore, Sydney · Asking EOI above $1,200,000 + Stock · Revenue $2,350,000 · SDE $500,000

Two connected hospitality businesses sharing a single leasehold on Sydney's Lower North Shore: an Italian restaurant serving pizza and pasta, and a separate licensed wine and cocktail bar with live music Located in a busy commercial precinct next to a train station, alongside other retail tenants Long-term lease in place for both premises, with renewal options Licensed outdoor dining area…

DealProspect/Listings/Food & Beverage

Pizza Shop & Licensed Bar, Lower North Shore

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

~$1,325,000

est. from headline + $125,000 stock · AUD

Revenue

$2,350,000

TTM

Earnings

$500,000

Implied multiple (assumed)

~2.6×

Assumed · headline + $125,000 stock

Brief

Two connected hospitality businesses sharing a single leasehold on Sydney's Lower North Shore: an Italian restaurant serving pizza and pasta, and a separate licensed wine and cocktail bar with live music
Located in a busy commercial precinct next to a train station, alongside other retail tenants
Long-term lease in place for both premises, with renewal options
Licensed outdoor dining area approved for alfresco wine service
No directly competing business within a 5km radius
Each venue has built its own following over about four years, with fully fitted premises

How it compares

Restaurants in New South Wales · asking prices

122% above restaurants here

Restaurants here ask a median 0.23× revenue. On its $2,350,000 revenue, that points to about $540,000; reads like this are typically within 30%, so $378,000 to $702,000. It asks $1,200,000.

Asking price: $1,200,0004.4 times the median of $270,000
Revenue: $2,350,000median is $1,075,318
Revenue multiple: 0.51×0.23× across the market; higher than 76 of 79
Time listed: 127 daysno price change

Restaurants in New South Wales

Restaurants for sale in New South Wales (112) →

Listed

112

+14 in 30 days

Median asking

$270K

107 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread107 of 112 state a price

This listing · $1.2M

19%

28%

36%

14%

Under $100K$1M–$2.5M

Australia 500 · Victoria 247 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 187 · Takeaways 114 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45 · General retail businesses 42

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