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DealProspect/Listings/Food & Beverage

Restaurant, Essendon

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$199,000 + stock
Disclosed · AUD
Revenue
$728,000
TTM
Earnings (est.)
~$171,257
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Established restaurant in a busy Essendon location, operated by the same owner since 2020
  • Seats 60, with a fully equipped commercial kitchen, walk-in coolroom and liquor licence
  • Loyal customer base and consistent trade built over several years
  • Secured by a 5+5-year lease commenced December 2025 with affordable rent
  • Suited to experienced hospitality operators seeking a stable, established venue
Listed
248
+19 in 30 days
Median asking
$215K
203 priced
Median revenue
$994K
180 disclose
Earnings multiple
2.2×
9 listings
Price drops
20
in 30 days
Asking price spread203 of 248 state a price
This listing · $199K
13%
44%
24%
11%
1%
Under $100K$2.5M–$5M

Australia 504 · New South Wales 114 · Queensland 75 · South Australia 25 · Western Australia 25

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