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DealProspect/Listings/Hospitality & Tourism

Commercial Hospitality Site, Mt Eliza

Hospitality Site

ActiveHospitality & TourismVictoriaB2C
Asking price
Contact Broker
Disclosed · AUD
Revenue
Earnings
Implied multiple

Brief

  • Located directly on Nepean Hwy at the western gateway to the Mornington Peninsula
  • Permitted uses include restaurant, cafe, fast food outlet, bottle shop, nursery or childcare centre
  • Old house on site could be repurposed with views over the creek gully and council reserve
  • Opposite a council reserve, so the outlook cannot be built out
  • Over 1,000,000 vehicles drive past every year
  • Positioned between Frankston and Mornington

Hospitality site businesses in Victoria

All 21
Listed
21
+3 in 30 days
Median asking
$630K
9 priced
Median revenue
$1.4M
5 disclose
Earnings multiple
34 listings
Asking price spread9 of 21 state a price
22%
22%
33%
11%
11%
Under $100KOver $5M

Australia 37

Restaurants 1021 · Takeaways 936 · Cafes 893 · Liquor stores 145 · Convenience stores 140 · General retail businesses 129