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DealProspect/Listings/Hospitality & Tourism

Up-Market City Restaurant & Bar

Restaurant

ActiveHospitality & TourismB2C
Asking price
~$480,298
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,820,000
TTM
Earnings (est.)
~$324,870
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Two-level venue with a restaurant and an upstairs bar/function area
  • Seating capacity of approximately 120 patrons
  • Fully equipped commercial show kitchen with open-plan design
  • Currently trading five days; closed Sunday and Monday with scope to extend
  • Upstairs bar/function space suited to events and gatherings
  • Extended, secure lease in place with outgoings included in rent