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DealProspect/Listings/Hospitality & Tourism

Licensed Restaurant Cafe Bar on Main Road

Restaurant

ActiveHospitality & TourismB2C
Asking price
~$270,660
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,170,000
TTM
Profit
$150,000
Implied multiple (assumed)
~1.8×
Assumed · comparable listings of this type and size · typically within ±30%
Brief
  • Licensed restaurant/cafe/bar on a high traffic main road.
  • Seating for over 100 patrons.
  • Operates seven days, 8am to 10pm.
  • Runs under management.
  • Secure lease of 10 years or more.
  • Owner is retiring and will assist with transition.