Highly Profitable Managed Restaurant and Bar
Restaurant
ActiveHospitality & TourismB2C
Asking price
$1,400,000
Disclosed · AUD
Revenue
$3,500,000
TTM
Earnings (est.)
~$675,850
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Fully managed restaurant and bar trading successfully at the same site for 17 years with water views
- Holds a Commercial Hotels Licence, allowing scope to expand beverage sales, gaming and open up to three off-site bottle shops
- Strong lunch and evening trade, seating approximately 200 patrons internally and externally
- Experienced front-of-house and kitchen duty managers in place
- Trading 7 days a week, 11:00am until late
- Lease runs to 2032; occupancy costs approximately 5.6% of sales
- Modern, high-quality fit-out and established professional systems and processes
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