Souvlaki Restaurant - Torquay Coastal Location

Souvlaki Restaurant - Torquay Coastal Location — Food & Beverage · Torquay · Asking $449,000

Souvlaki restaurant in a high-traffic coastal town location Seating for 50 patrons indoors and 50 outdoors Liquor licence in place Currently trades five days a week with scope to extend hours

DealProspect/Listings/Food & Beverage

Souvlaki Restaurant - Torquay Coastal Location

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$449,000

Disclosed · AUD

Revenue (est.)

Earnings

—

Implied multiple

—

Brief

Souvlaki restaurant in a high-traffic coastal town location
Seating for 50 patrons indoors and 50 outdoors
Liquor licence in place
Currently trades five days a week with scope to extend hours

Restaurants in Victoria

Restaurants for sale in Victoria (242) →

Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

This listing · $449K

12%

44%

24%

12%

Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

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