Licensed Restaurant & Café, Essendon
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$1,498,000
Disclosed · AUD
Revenue
$3,380,000
TTM
Earnings (est.)
~$720,088
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- • Licensed restaurant and café serving breakfast, lunch and dinner seven days
- • Seats 120 indoors and 50 outdoors, licensed until 1am
- • Fully equipped commercial kitchen with walk-in coolroom
- • Approximate weekly takings of $65,000
- • Trained staff already in place; full handover provided
- • Long-term lease secured until 2038
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Where this asking price sits against similar businesses for sale.
Restaurants in Victoria
Restaurants for sale in Victoria (247) →Listed
247
+19 in 30 days
Median asking
$218K
202 priced
Median revenue
$1M
179 disclose
Earnings multiple
2.2×
9 listings
Price drops
20
in 30 days
Asking price spread202 of 247 state a price
This listing · $1.5M
1%
Under $100K$2.5M–$5M
Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25
Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61
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