Steak & Ribs Restaurant, North Queensland
Restaurant
ActiveFood & BeverageB2C
Asking price
~$411,684
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
~$278,460
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
- Well-established premium steak restaurant in North Queensland's beef region, opened over 10 years ago
- Fully managed operation with an experienced team of full-time and casual staff
- 500 sqm site with 2 years remaining on lease plus a 10-year option
- Seating for 180 with a long bar and separate indoor/outdoor dining
- Extensive premium kitchen fit-out and function room potential
- Extensive database of loyal clients; seller to assist with handover
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