Restaurant and Bar Functions Venue, East Melbourne
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$750,000
Disclosed · AUD
Revenue (est.)
~$1,882,058
Estimated · comparable listings of this type and size
Earnings (est.)
~$375,752
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
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
More hospitality & tourism businesses for sale
Restaurants for sale in Victoria (327) →- Destination Restaurant & Events Venue – Coffs Coast, NSWFunction & Event Venue · New South Wales · $300,000
- Management Rights – Noosaville, QueenslandManagement Rights · $2,900,000
- Freehold Caravan Park – Charleville, QueenslandHoliday Park · $1,950,000
- Cafe – Pakenham, VictoriaCafe · $98,000
- Bubble Tea Business – Footscray, MelbourneCafe · Victoria · $250,000
- Soul Origin Cafe – Gold Coast Shopping CentreCafe · Queensland · $390,000
- Licensed Restaurant – Wivenhoe, TasmaniaRestaurant · Wivenhoe, Burnie · No Ingoing
- Red Rooster Franchise – Northern AdelaideTakeaway · Adelaide (Northern Suburbs) · Price by Negotiation