Melbourne CBD Licensed Food Venue

Melbourne CBD Licensed Food Venue — Hospitality & Tourism · Melbourne CBD, VIC · Asking $775,000 · Revenue $1,352,000

food venue in a high-traffic Melbourne CBD location Operates 5.5 days with a small commercial kitchen 20-year lease with rent of $37k per annum Suited to an owner-operator

DealProspect/Listings/Hospitality & Tourism

Melbourne CBD Licensed Food Venue

Hospitality Site

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$775,000

Disclosed · AUD

Revenue

$1,352,000

TTM

Earnings (est.)

~$237,966

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~3.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

food venue in a high-traffic Melbourne CBD location
Operates 5.5 days with a small commercial kitchen
20-year lease with rent of $37k per annum
Suited to an owner-operator

Hospitality site businesses in Victoria

Hospitality site businesses for sale in Victoria (21) →

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

This listing · $775K

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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