Licensed Restaurant at Newport Beach Village
Restaurant
ActiveHospitality & TourismNew South WalesB2C
Asking price
$220,000
Disclosed · AUD
Revenue
$2,288,000
TTM
Earnings (est.)
~$408,408
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Licensed restaurant on the ground floor of a modern apartment building.
- Corner position at the entrance to Newport Beach Village shopping strip.
- Established for 5 years with a strong Northern Beaches following.
- Professionally designed commercial kitchen, servery bar and cool room.
- Seating for 50 indoor and 50 outside; run under management.
- Lease has 2x5 year options with parking.
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