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DealProspect/Listings/Food & Beverage

New Italian Bistro & Bar Opportunity

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$600,000
Disclosed · AUD
Revenue (est.)
~$1,497,753
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$310,479
Estimated · comparable listings of this type and size · typically within ±35%
Typical multiple
~1.9×
comparable listings of this type and size · typically within ±35%

Brief

  • New Italian Bistro and Bar planned to open soon, with no goodwill to pay
  • Built and set up ready for an investor owner
  • Includes the full set-up: drinks menu, food menu and everything needed to open
  • Owner can run it themselves or hire people to run it
  • Premises lease to be negotiated by an industry expert

Restaurants in Queensland

All 72
Listed
72
+11 in 30 days
Median asking
$230K
69 priced
Median revenue
$871K
30 disclose
Earnings multiple
1.2×
13 listings
Price drops
3
in 30 days
Asking price spread69 of 72 state a price
This listing · $600K
48%
20%
16%
1%
Under $100K$2.5M–$5M

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