Italian Restaurant & Cocktail Bar, Surry Hills
Restaurant
ActiveHospitality & TourismNew South WalesB2C
Asking price
~$376,376
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,040,000
TTM
Net Profit
$208,000
Implied multiple (assumed)
~1.8×
Assumed · comparable listings of this type and size · typically within ±30%
Brief
- Italian restaurant and cocktail bar in Surry Hills, Sydney
- Established for over 12 years
- Licensed cocktail bar serving Italian meals
- Run under management with owner support for admin
- Trades Wednesday to Sunday (dinners plus Saturday lunch)
- 50 indoor seats plus 20 outdoor undercover seats
- Modern renovated kitchen with walk-in cool room, grease trap and exhaust
More hospitality & tourism businesses for sale
- Eco-Resort & Wedding Venue - MidginbilLodge · New South Wales · $6,750,000
- Management Rights - Everton ParkManagement Rights · Everton Park, Brisbane · $1,150,000
- Tasmania Motel-Style Accommodation - Freehold Going ConcernMotel · Expressions of Interest
- 14-Room Freehold Motel, Mackay QLDMotel · Mount Pleasant, Mackay · $4,150,000
- 40-Room Freehold Motel, Armidale NSWMotel · New South Wales · $13,000,000
- 15-Key Freehold Motel, Mulwala NSWMotel · New South Wales · $2,200,000
- Multi-Use Event Space – AlphingtonFunction & Event Venue · Victoria · $80,000
- High-Turnover Seafood Takeaway - Gold CoastTakeaway · Queensland · $539,000