Iconic Greek Restaurant
Restaurant
ActiveHospitality & TourismB2C
Asking price
$589,000
Disclosed · AUD
Revenue
$1,560,000
TTM
Profit
$500,000
Implied multiple
1.2×
asking / earnings
Brief
- Greek restaurant in a prime southern fringe location
- Surrounded by housing and apartments with main road exposure
- Trades five days a week, Wednesday to Sunday
- New secure lease in place with 5 + 5 + 5 year terms
- Vendor will stay on to train the incoming buyer
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