Restaurant, Chapel Street South Yarra
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$595,000
Disclosed · AUD
Revenue
$1,389,025
TTM
Profit
$200,000+
Implied multiple
3.0×
asking / earnings
Brief
- Restaurant in a tightly held section of Chapel Street, South Yarra with strong pedestrian exposure
- Run semi under management, owner works an average of 20 hours per week
- Recently renovated in 2024, 63 internal and 98 outdoor patron capacity
- Closed 3 weeks during the holidays each year
- Favourable mix of dine-in, takeaway and delivery revenue
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