Licensed Restaurant & Function Venue, Essendon
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$995,000
Disclosed · AUD
Revenue (est.)
~$2,561,792
Estimated · comparable listings of this type and size
Earnings (est.)
~$467,334
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
Well-known licensed restaurant, cafe and function venue in suburban Melbourne, serving inventive cuisine across stunning indoor and outdoor dining areas. The venue serves full breakfast, lunch and dinner, seats 120 indoors and 50 outdoors and is licensed until 1am, with a fully equipped commercial kitchen and walk-in coolroom. Established systems and a well-trained team support an easy-to-run operation. Suited to an owner-operator, couple, partnership or family.
More hospitality & tourism businesses for sale
- Eco-Resort & Wedding Venue - MidginbilLodge · New South Wales · $6,750,000
- Management Rights - Everton ParkManagement Rights · Everton Park, Brisbane · $1,150,000
- Tasmania Motel-Style Accommodation - Freehold Going ConcernMotel · Expressions of Interest
- 14-Room Freehold Motel, Mackay QLDMotel · Mount Pleasant, Mackay · $4,150,000
- 40-Room Freehold Motel, Armidale NSWMotel · New South Wales · $13,000,000
- 15-Key Freehold Motel, Mulwala NSWMotel · New South Wales · $2,200,000
- Multi-Use Event Space – AlphingtonFunction & Event Venue · Victoria · $80,000
- High-Turnover Seafood Takeaway - Gold CoastTakeaway · Queensland · $539,000