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
Priced like this one
nearest on the figure this listing states- Karaoke Venue, Melbourne CBDEntertainment Venue · Victoria · $600,000
- Family Entertainment & Gaming Centre – Box HillEntertainment Venue · Victoria · $550,000
- Travel Agency – Nunawading, VICTravel Agency · Victoria · $680,000
- Billiards & Shisha Bar Lounge – Glen WaverleyBar · Victoria · $499,000
- Craft Brewery, Distillery, Restaurant & Bar, SheppartonHospitality Site · Victoria · $699,000 + SAV
- Bar and Pizza Restaurant in SouthbankBar · Southbank, Melbourne · $450,000