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DealProspect/Listings/Hospitality & Tourism

Bayside Signature Restaurant and Bar

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$357,370
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$1,300,000
TTM
Earnings (est.)
~$279,370
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · estimated price ÷ estimated earnings (as advertised)

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