Restaurant and bar in inner north Melbourne

Restaurant and bar in inner north Melbourne — Food & Beverage · Melbourne · Asking $139,000 · Revenue $1,200,000

A one-year-old Asian-Latin fusion restaurant and cocktail bar in inner north Melbourne, fully managed, trading five nights a week with a premium fitout and a late-night liquor licence.

DealProspect/Listings/Food & Beverage

Restaurant and bar in inner north Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$139,000

Disclosed · AUD

Revenue

$1,200,000

TTM

Earnings (est.)

~$154,341

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~0.9×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

A one-year-old Asian-Latin fusion restaurant and cocktail bar in inner north Melbourne, fully managed, trading five nights a week with a premium fitout and a late-night liquor licence.

How it compares

Restaurants in Victoria · asking prices

57% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,200,000 revenue, that points to about $323,000; reads like this are typically within 30%, so $226,000 to $420,000. It asks $139,000.

Asking price: $139,00035% below the median of $215,000
Revenue: $1,200,000median is $994,000
Revenue multiple: 0.12×0.27× across the market; higher than 8 of 155
Time listed: 108 daysprice cut 30%, from $199,000

Restaurants in Victoria

Restaurants for sale in Victoria (248) →

Listed

248

+20 in 30 days

Median asking

$215K

203 priced

Median revenue

$994K

180 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread203 of 248 state a price

This listing · $139K

13%

44%

24%

11%

Under $100K$2.5M–$5M

Australia 504 · New South Wales 114 · Queensland 75 · South Australia 25 · Western Australia 25

Cafes 441 · Takeaways 316 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67 · Manufacturing businesses 61

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