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DealProspect/Listings/Hospitality & Tourism

Licensed Restaurant, Bentleigh East

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$98,000
Disclosed · AUD
Revenue
$624,000
TTM
Earnings (est.)
~$157,373
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Well-established restaurant on a busy main shopping strip in Bentleigh East, an inner south-eastern Melbourne suburb.
  • Large premises with 35 seats and high foot traffic.
  • Full commercial kitchen and full liquor licence.
  • Low rent of $960 per week.
  • 9-year long secure lease.
  • Flexible fit-out that can be converted to any type of food business.