Modern European Restaurant and Bar, Inner Melbourne

Modern European Restaurant and Bar, Inner Melbourne — Food & Beverage · Inner Melbourne · Asking Contact Broker · Revenue $1,560,000

Modern European cuisine restaurant and bar in inner Melbourne Five years of continued growth with an extensive wine and craft beer list Full bar, three dining areas, private dining rooms and a function room Licensed; seats 130-plus plus outdoor with a fully equipped commercial kitchen Key staff include chefs, bar manager, floor manager and event coordinator Owner provides support and training for…

DealProspect/Listings/Food & Beverage

Modern European Restaurant and Bar, Inner Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

Revenue

$1,560,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Modern European cuisine restaurant and bar in inner Melbourne
Five years of continued growth with an extensive wine and craft beer list
Full bar, three dining areas, private dining rooms and a function room
Licensed; seats 130-plus plus outdoor with a fully equipped commercial kitchen
Key staff include chefs, bar manager, floor manager and event coordinator
Owner provides support and training for transition

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Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

12%

45%

24%

11%

Under $100K$2.5M–$5M

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