Souvlaki Restaurant, Torquay

Souvlaki Restaurant, Torquay — Food & Beverage · Torquay, Victoria · Asking $499,000

Souvlaki restaurant in a prime coastal location in Torquay, Victoria Attractive decor that can be retained or tailored to a new owner's vision Open five days a week, leaving room to extend trading hours Seating for 50 patrons indoors and 50 outdoors, with a liquor licence in place 120sqm premises with a full commercial kitchen and dedicated storage Plant and equipment included in the sale, on a…

DealProspect/Listings/Food & Beverage

Souvlaki Restaurant, Torquay

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$499,000

Disclosed · AUD

Revenue (est.)

~$1,585,637

Estimated · comparable listings of this type and size

Earnings (est.)

~$390,088

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Souvlaki restaurant in a prime coastal location in Torquay, Victoria
Attractive decor that can be retained or tailored to a new owner's vision
Open five days a week, leaving room to extend trading hours
Seating for 50 patrons indoors and 50 outdoors, with a liquor licence in place
120sqm premises with a full commercial kitchen and dedicated storage
Plant and equipment included in the sale, on a secure long lease

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