CBD Restaurant, Bar and Beer Garden

CBD Restaurant, Bar and Beer Garden — Food & Beverage · Melbourne CBD · Asking EOI · Revenue $2,000,000

Restaurant/bar/cafe/beer garden offered for the first time in 10 years. Currently trading only 5 days and 2 nights, 49 weeks of the year. Holds a 1am liquor licence with a hotel-grade kitchen. Approximately 800 sqm venue. 9 years remaining on the lease. Offered on a walk-in walk-out basis.

DealProspect/Listings/Food & Beverage

CBD Restaurant, Bar and Beer Garden

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

~$669,000

est. from comparable listings of this type and size · typically within ±30% · AUD

Revenue

$2,000,000

TTM

Earnings (est.)

~$357,582

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.9×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Restaurant/bar/cafe/beer garden offered for the first time in 10 years.
Currently trading only 5 days and 2 nights, 49 weeks of the year.
Holds a 1am liquor licence with a hotel-grade kitchen.
Approximately 800 sqm venue.
9 years remaining on the lease.
Offered on a walk-in walk-out basis.

Restaurants in Victoria

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Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

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