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DealProspect/Listings/Hospitality & Tourism

Established Italian Restaurant in Southern Sydney

Restaurant

ActiveHospitality & TourismNew South WalesB2C
Asking price
$319,000
Disclosed · AUD
Revenue
$936,000
TTM
Earnings (est.)
~$234,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Italian restaurant in an affluent suburb in southern Sydney
  • Large, well-fitted space with plenty of seating, kitchen and storage
  • Cost of goods around 27% due to strong margins
  • Open 6 days with a lifestyle-friendly schedule
  • Established over 17 years, with the current owner for 12 years
  • Seating for 60 indoor and 20 outdoor, space of 220 sqm
  • Closed 3 weeks for the summer Christmas break
  • Owner will pass on knowledge for a smooth transition

Restaurants in New South Wales

All 101
Listed
101
+9 in 30 days
Median asking
$297K
76 priced
Median revenue
$1.3M
45 disclose
Earnings multiple
1.1×
12 listings
Time listed
36d
19 tracked
Price drops
8
in 30 days
Asking price spread76 of 101 state a price
This listing · $319K
17%
28%
38%
11%
1%
Under $100KOver $5M

Victoria 327 · Queensland 115 · Auckland 53 · South Australia 29 · Western Australia 21 · Canterbury 15

Cafes 270 · Takeaways 114 · Childcare centres 110 · General retail businesses 106 · Manufacturing businesses 48 · Wholesale and distribution businesses 45