Restaurant & Bar - Lygon Street, Brunswick East, VIC

Restaurant & Bar - Lygon Street, Brunswick East, VIC — Food & Beverage · Brunswick East · Asking $120,000 · Revenue $884,000

Established restaurant on Lygon Street in Brunswick East Liquor licence in place with indoor and outdoor dining Fully fitted commercial kitchen, no immediate spend required Flexible layout suited to multiple cuisine or bar concepts Long lease remaining on attractive rental terms

DealProspect/Listings/Food & Beverage

Restaurant & Bar - Lygon Street, Brunswick East, VIC

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$120,000

Disclosed · AUD

Revenue

$884,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established restaurant on Lygon Street in Brunswick East
Liquor licence in place with indoor and outdoor dining
Fully fitted commercial kitchen, no immediate spend required
Flexible layout suited to multiple cuisine or bar concepts
Long lease remaining on attractive rental terms

How it compares

Restaurants in Victoria · asking prices

50% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $884,000 revenue, that points to about $240,000; reads like this are typically within 30%, so $168,000 to $312,000. It asks $120,000.

Asking price: $120,00045% below the median of $220,000
Revenue: $884,000median is $1,040,000
Revenue multiple: 0.14×0.27× across the market; higher than 14 of 150
Time listed: 113 daysprice cut 20%, from $150,000

Restaurants in Victoria

Restaurants for sale in Victoria (237) →

Listed

237

+20 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

173 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread194 of 237 state a price

This listing · $120K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 488 · New South Wales 111 · Queensland 74 · South Australia 25 · Western Australia 23

Cafes 438 · Takeaways 314 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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