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DealProspect/Listings/Hospitality & Tourism

Carlton Restaurant & Bar

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$448,630
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,700,000
TTM
Earnings (est.)
~$303,450
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Stand-alone restaurant bar on Drummond Street, Carlton, near Lygon and Brunswick Streets.
  • Euro-centric menu with a wine list; five-time hatted in The Age Good Food Guide.
  • Restaurant & Cafe liquor licence for 95 patrons, 7 days until 11pm.
  • Seating for 100-plus across inside, courtyard and footpath, with first-floor licence for a further 42.
  • Fully fitted commercial kitchen with cool-room and freezer.
  • Currently trades dinner 5 nights and lunch 3 days.