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Licensed Restaurant, Bar & Function Venue, Flinders Lane

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
~$841,200
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$3,000,000
TTM
Earnings (est.)
~$448,951
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 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.
Listed
248
+20 in 30 days
Median asking
$215K
203 priced
Median revenue
$994K
180 disclose
Earnings multiple
2.2×
9 listings
Price drops
21
in 30 days
Asking price spread203 of 248 state a price
13%
44%
24%
11%
1%
Under $100K$2.5M–$5M

Australia 504 · New South Wales 114 · Queensland 75 · South Australia 25 · Western Australia 25

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