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DealProspect/Listings/Food & Beverage

Contemporary Restaurant & Bar

Restaurant

ActiveFood & BeverageB2C
Asking price
$320,000
Disclosed · AUD
Revenue
$1,248,000
TTM
Earnings (est.)
~$222,768
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Prominent, well-known contemporary restaurant and bar with weekly sales on a strong growth trajectory
  • 30-seat private dining room, 90-seat internal area and 20-seat balcony bar with alfresco section
  • Generous 360sqm premises with ample parking and a fully trained team in place
  • Lease to July 2029 with scope for further extension; recent refurbishment for a fresh, contemporary look