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DealProspect/Listings/Hospitality & Tourism

Licensed Restaurant, Redlands

Restaurant

ActiveHospitality & TourismQueenslandB2C
Asking price
~$113,886
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$520,000
TTM
Owner Earnings
$90,000
Implied multiple (assumed)
~1.3×
Assumed · comparable listings of this type and size · typically within ±30%
Brief
  • Licensed restaurant in a bustling Redlands strip, a key community dining spot for over a decade
  • Trades just five evenings a week (5pm-9pm), closed Mondays and Tuesdays, offering strong work-life balance
  • Ample seating including a spacious arcade and footpath area, with a children's menu on offer
  • Rent runs at only about 8% of turnover, supporting healthy profitability
  • Well-maintained plant and equipment, with training offered by the current owner
  • Suited to a chef looking to move into ownership