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Bayside Signature Restaurant and Bar

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
Revenue
$1,300,000
TTM
Earnings (est.)
Implied multiple (assumed)

Brief

  • International cuisine restaurant and bar in the Bayside area, serving lunch and dinner
  • Full liquor licence for 75 patrons; seats 80-plus with alfresco footpath dining
  • 300 sqm venue with full commercial kitchen and walk-in cool-room
  • Long secure lease with the bar and restaurant name, concept and recipes included
  • Offered for sale for the first time in over a decade
Listed
247
+19 in 30 days
Median asking
$218K
202 priced
Median revenue
$1M
179 disclose
Earnings multiple
2.2×
9 listings
Price drops
21
in 30 days
Asking price spread202 of 247 state a price
12%
45%
24%
11%
1%
Under $100K$2.5M–$5M

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