First-Class Italian Restaurant with Freehold Option

First-Class Italian Restaurant with Freehold Option — Hospitality & Tourism · Western Australia · Asking $1,095,000 · Revenue $2,080,000

Upscale Italian restaurant with stunning purpose-built fitout Central location drawing a diverse client base from across Perth Marble finishes, state-of-the-art air conditioning, lighting and furnishings Bi-fold glass frontage and private function room at the rear Restaurant liquor licence Extensive wine list with strong margins Committed and experienced team of chefs and waitstaff 20-year lease…

DealProspect/Listings/Hospitality & Tourism

First-Class Italian Restaurant with Freehold Option

Restaurant

ActiveHospitality & TourismB2C

View original listing ↗

Asking price

~$1,295,000

est. from headline + $200,000 stock · AUD

Revenue

$2,080,000

TTM

Earnings (est.)

~$370,656

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.5×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Upscale Italian restaurant with stunning purpose-built fitout
Central location drawing a diverse client base from across Perth
Marble finishes, state-of-the-art air conditioning, lighting and furnishings
Bi-fold glass frontage and private function room at the rear
Restaurant liquor licence
Extensive wine list with strong margins
Committed and experienced team of chefs and waitstaff
20-year lease (4 x 5-year options) at starting rent of $12,500 per month plus GST plus outgoings
Freehold option to purchase available
Trading lunch and dinner six days per week

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