Upmarket Fully Managed Restaurant
Restaurant
ActiveHospitality & TourismB2C
Asking price
$175,000+
Disclosed · AUD
Revenue (est.)
~$530,120
Estimated · comparable listings of this type and size
Net Profit
$110,000
Implied multiple
1.6×
asking / earnings
Brief
- Upmarket restaurant in an exclusive residential and commercial area
- Local repeat clientele
- Run under full management with full staffing in place
- Owner does not work in the business and operates another restaurant
- Fully licensed with seating capacity up to 90 people
- Fully equipped kitchen and restaurant with bar and large undercover outdoor dining area
- Trades only 5 days per week
- Separate takeaway section out front with pizza oven and service area
- Long lease available with low rent
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