Licensed Asian Restaurant, South Melbourne

Licensed Asian Restaurant, South Melbourne — Food & Beverage · South Melbourne · Asking $120,000

Large licensed Asian restaurant over 2 levels in South Melbourne Seating for 128 patrons plus a separate 40-patron function room Trading 7 days a week for lunch and dinner 7 years remaining on lease (3x3 year structure) All documentation and full equipment list available

DealProspect/Listings/Food & Beverage

Licensed Asian Restaurant, South Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$120,000

Disclosed · AUD

Revenue (est.)

Earnings

—

Implied multiple

—

Brief

Large licensed Asian restaurant over 2 levels in South Melbourne
Seating for 128 patrons plus a separate 40-patron function room
Trading 7 days a week for lunch and dinner
7 years remaining on lease (3x3 year structure)
All documentation and full equipment list available

Restaurants in Victoria

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Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

This listing · $120K

12%

44%

24%

12%

Under $100K$2.5M–$5M

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