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DealProspect/Listings/Food & Beverage

Premium Steak Restaurant - Queensland

Restaurant

ActiveFood & BeverageB2C
Asking price
$395,000
Disclosed · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
~$277,992
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Well-established premium steak restaurant in the Queensland beef region, opened just over 10 years ago
  • Fully managed with a strong following, seating 180 across a long bar and separate dining areas
  • 500 sqm site with 2 years remaining on the lease plus a 10-year option
  • Extensive premium kitchen fit-out with large back-of-house preparation and storage
  • Separate function rooms offer room for further growth; owner retiring