Inner North Melbourne Restaurant & Bar

Inner North Melbourne Restaurant & Bar — Food & Beverage · Melbourne, Victoria · Asking $199,000 · Revenue $1,200,000

Asian-Latin fusion restaurant and cocktail bar in Melbourne's inner north, 15 minutes from the CBD near the Sydney Road precinct Only one year old, already building a loyal customer base and strong repeat trade Operates five nights per week, currently closed two days a week Valuable 1am liquor licence supporting late-night dining and bar trade State-of-the-art designer fit-out with a…

DealProspect/Listings/Food & Beverage

Inner North Melbourne Restaurant & Bar

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$199,000

Disclosed · AUD

Revenue

$1,200,000

TTM

Earnings (est.)

~$211,440

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.9×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Asian-Latin fusion restaurant and cocktail bar in Melbourne's inner north, 15 minutes from the CBD near the Sydney Road precinct
Only one year old, already building a loyal customer base and strong repeat trade
Operates five nights per week, currently closed two days a week
Valuable 1am liquor licence supporting late-night dining and bar trade
State-of-the-art designer fit-out with a sophisticated dining space and full commercial kitchen
Fully managed, turnkey operation suitable for hospitality operators or investors

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