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DealProspect/Listings/Hospitality & Tourism

Melbourne CBD Dining Destination Restaurant

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$3,370,005
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$5,000,000
TTM
Cash Surplus
$1,500,000
Implied multiple (assumed)
~2.2×
Assumed · comparable listings of this type and size · typically within ±30%
Brief
  • CBD restaurant, cafe and bar with an established reputation.
  • For sale for the first time since inception.
  • Several consecutive years of revenue with consistent cash flow.
  • Located near a diverse corporate workforce and tourist area.
  • Below-market rent with more than 13 years remaining via options.
  • Key managers in place with well-tenured staff.