Skip to main content
DealProspect/Listings/Food & Beverage

Premium Steak Restaurant - Queensland

Restaurant

ActiveFood & BeverageB2C
Asking price
$395,000
Disclosed · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
~$274,872
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

Restaurants in Queensland

All 115 →
Listed
115
+4 in 30 days
Median asking
$337K
100 priced
Median revenue
$1.6M
54 disclose
Earnings multiple
1.3×
15 listings
Time listed
50d
25 tracked
Price drops
5
in 30 days
Asking price spread100 of 115 state a price
This listing · $395K
36%
27%
15%
13%
1%
Under $100KOver $5M

Victoria 327 · New South Wales 101 · Auckland 53 · South Australia 29 · Western Australia 21 · Canterbury 15

Cafes 257 · Takeaways 156 · Management rights businesses 146 · General retail businesses 142 · Automotive workshops 89 · Building and construction businesses 71

Priced like this one

All 115 →