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DealProspect/Listings/Hospitality & Tourism

Fish & Chips Restaurant, Northeast Melbourne

Takeaway

ActiveHospitality & TourismB2C
Asking price
$250,000
Disclosed · AUD
Revenue
$600,000
TTM
Earnings (est.)
~$126,300
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Well-established fish and chips restaurant just 6km from Melbourne CBD
  • Steady foot and vehicle traffic, particularly in the evenings
  • Located in a busy outlet mall next to a central train station
  • 120 sqm premises with full commercial kitchen and walk-in freezer
  • Includes a one-bedroom space convenient for an owner-operator
  • 10-year lease
  • Operates five days a week (Wednesday to Sunday)
  • Gross profit margin of 70%
  • Staffed by one full-time owner, one full-time employee and three casuals
  • Vendor motivated; expanding trading hours could boost revenue