Licensed Restaurant, Bar & Function Venue, Flinders Lane

Licensed Restaurant, Bar & Function Venue, Flinders Lane — Food & Beverage · Flinders Lane, Melbourne · Asking Contact Broker · Revenue $3,000,000

Restaurant, bar and function venue on a busy Flinders Lane thoroughfare. Seats 80-plus, with a further 60 at the bar and 30 in private dining rooms. Full commercial kitchen with walk-in cooler and long service bar. Two private dining rooms, separate office, storage and rooftop. Licensed, with potential to re-invent the concept under the full liquor licence. Long secure lease.

DealProspect/Listings/Food & Beverage

Licensed Restaurant, Bar & Function Venue, Flinders Lane

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$3,000,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Restaurant, bar and function venue on a busy Flinders Lane thoroughfare.
Seats 80-plus, with a further 60 at the bar and 30 in private dining rooms.
Full commercial kitchen with walk-in cooler and long service bar.
Two private dining rooms, separate office, storage and rooftop.
Licensed, with potential to re-invent the concept under the full liquor licence.
Long secure lease.

Restaurants in Victoria

Restaurants for sale in Victoria (238) →

Listed

238

+21 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

174 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread194 of 238 state a price

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

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