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.)

~$136,639

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

Implied multiple (assumed)

~0.9×

Assumed · asking ÷ estimated earnings (as advertised)

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 $238,000; reads like this are typically within 30%, so $167,000 to $309,000. It asks $120,000.

Asking price: $120,00044% below the median of $215,000
Revenue: $884,000median is $994,000
Revenue multiple: 0.14×0.27× across the market; higher than 14 of 155
Time listed: 108 daysprice cut 20%, from $150,000

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 · $120K

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

Get new restaurants in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Restaurants for sale in Victoria (248) →