Restaurant, Bar and Function Venue, South Yarra

Restaurant, Bar and Function Venue, South Yarra — Food & Beverage · South Yarra, Melbourne · Asking Contact Broker

Restaurant, bar and function venue near South Yarra, Prahran and Windsor 300 sqm venue renovated one year ago with a fully equipped commercial kitchen 1am liquor licence on premise for 200 pax Seating for 120-plus patrons Sale includes all fixtures, fittings and equipment Long secure lease with growth opportunities

DealProspect/Listings/Food & Beverage

Restaurant, Bar and Function Venue, South Yarra

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

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Disclosed · AUD

Revenue

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Earnings

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Implied multiple

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Brief

Restaurant, bar and function venue near South Yarra, Prahran and Windsor
300 sqm venue renovated one year ago with a fully equipped commercial kitchen
1am liquor licence on premise for 200 pax
Seating for 120-plus patrons
Sale includes all fixtures, fittings and equipment
Long secure lease with growth opportunities

Restaurants in Victoria

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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

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

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