Food & Beverage Premises, Melbourne CBD

Food & Beverage Premises, Melbourne CBD — Hospitality & Tourism · Melbourne · Asking POA

Character building premises in a prime Melbourne CBD location suited to retail, food and beverage, or other commercial concepts Existing food permit in place with two commercial kitchens, including a walk-in cool room, exhaust and grease trap Approximately 220 square metres with high foot traffic and a large rear courtyard with laneway access Two existing retail food outlets can be combined into…

DealProspect/Listings/Hospitality & Tourism

Food & Beverage Premises, Melbourne CBD

Hospitality Site

ActiveHospitality & TourismVictoria

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Asking price

POA

Disclosed · AUD

Revenue

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Earnings

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Implied multiple

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Brief

Character building premises in a prime Melbourne CBD location suited to retail, food and beverage, or other commercial concepts
Existing food permit in place with two commercial kitchens, including a walk-in cool room, exhaust and grease trap
Approximately 220 square metres with high foot traffic and a large rear courtyard with laneway access
Two existing retail food outlets can be combined into one venue or operated as two separate concepts
Located near markets, shopping, public transport and universities, with flexible lease terms offered

Hospitality site businesses in Victoria

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Listed

+2 in 30 days

Median asking

$365K

10 priced

Median revenue

$1.4M

5 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread10 of 21 state a price

40%

10%

30%

10%

Under $100KOver $5M

Australia 33

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67

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