Fully Managed Italian Restaurant – Geelong

Fully Managed Italian Restaurant – Geelong — Food & Beverage · Geelong · Asking $1,250,000 · Revenue $3,120,000

Fully licensed, fully managed Italian restaurant and bar in Geelong with strong street exposure and a state-of-the-art commercial kitchen fit-out. Trading seven days a week, the restaurant offers 60-seat licensed dining with a walk-in coolroom and ample nearby parking. Operating hands-off under an experienced team and a secure long lease, the business is presented as a turnkey opportunity with a…

DealProspect/Listings/Food & Beverage

Fully Managed Italian Restaurant – Geelong

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,250,000

Disclosed · AUD

Revenue

$3,120,000

TTM

Earnings (est.)

~$625,633

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

Implied multiple (assumed)

~2.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

How it compares

Restaurants in Victoria · asking prices

48% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $3,120,000 revenue, that points to about $843,000; reads like this are typically within 30%, so $590,000 to $1,100,000. It asks $1,250,000.

Asking price: $1,250,0005.7 times the median of $217,500
Revenue: $3,120,000median is $1,000,000
Revenue multiple: 0.4×0.27× across the market; higher than 127 of 154
Time listed: 109 daysno price change

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 · $1.3M

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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