Licensed Italian Restaurant, Glen Waverley VIC

Licensed Italian Restaurant, Glen Waverley VIC — Food & Beverage · Glen Waverley, VIC · Asking $1,600,000 · Revenue $4,160,000

Licensed Italian restaurant in Glen Waverley, VIC Seats 150 people; 20% liquor sales Lunch and dinner service only; potential to add breakfast Fully under management Simple menu format Operating 7 days per week

DealProspect/Listings/Food & Beverage

Licensed Italian Restaurant, Glen Waverley VIC

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,600,000

Disclosed · AUD

Revenue

$4,160,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Licensed Italian restaurant in Glen Waverley, VIC
Seats 150 people; 20% liquor sales
Lunch and dinner service only; potential to add breakfast
Fully under management
Simple menu format
Operating 7 days per week

How it compares

Restaurants in Victoria · asking prices

42% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $4,160,000 revenue, that points to about $1,130,000; reads like this are typically within 30%, so $791,000 to $1,470,000. It asks $1,600,000.

Asking price: $1,600,0007.3 times the median of $220,000
Revenue: $4,160,000median is $1,040,000
Revenue multiple: 0.38×0.27× across the market; higher than 119 of 150
Time listed: 127 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (238) →

Listed

238

+21 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

174 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread194 of 238 state a price

This listing · $1.6M

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

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