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DealProspect/Listings/Hospitality & Tourism

Licensed Contemporary CBD Restaurant

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$475,000
Disclosed · AUD
Revenue
$2,000,000
TTM
Earnings (est.)
~$356,400
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Licensed restaurant established in 2013 in a central CBD location.
  • Menu of European culinary classics; can be customised to a new buyer's concept.
  • 210 sqm venue with fully equipped commercial kitchen and service areas.
  • Licensed for 112 patrons until 1AM, seating 90+.
  • Trades six days a week.
  • Twenty employees unaware of the sale; discretion required.