Restaurant and Bar Functions Venue, East Melbourne
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$750,000
Disclosed · AUD
Revenue (est.)
~$1,930,999
Estimated · comparable listings of this type and size
Earnings (est.)
~$352,262
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Established restaurant and bar in Melbourne's eastern suburbs
- Caters to dining, beverage trade, private functions, celebrations and corporate events
- Multiple revenue streams and strong repeat business
- Attractive fit-out, established systems and an experienced team
- Well positioned within a residential and commercial catchment
- Opportunities to expand events, catering and marketing
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