Licensed Restaurant & Function Venue, Essendon
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$995,000
Disclosed · AUD
Revenue (est.)
~$2,497,490
Estimated · comparable listings of this type and size
Earnings (est.)
~$498,497
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
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.
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