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 $324,000; reads like this are typically within 30%, so $227,000 to $421,000. It asks $139,000.

Asking price: $139,00036% below the median of $217,500
Revenue: $1,200,000median is $1,000,000
Revenue multiple: 0.12×0.27× across the market; higher than 8 of 154
Time listed: 108 daysprice cut 30%, from $199,000

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $139K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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