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DealProspect/Listings/Hospitality & Tourism

Long-Running Pizza Restaurant, Richmond

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$170,000+
Disclosed · AUD
Revenue
$936,000
TTM
Earnings (est.)
~$236,059
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Highly profitable, long-running pizza restaurant in Richmond with a 30-year trading history and loyal customer base.
  • Secure 5+5+5 year lease commencing June 2023 with reasonable rent.
  • Features a liquor licence, full commercial kitchen and 30-seat dining capacity.
  • Suited to dine-in, takeaway and small functions, ideal for an owner-operator or investor.