Fully Managed Burger Bar, South West Melbourne

Fully Managed Burger Bar, South West Melbourne — Food & Beverage · Melbourne, VIC · Asking $649,000 · Revenue $1,560,000

Burger bar in Melbourne's south west with a modern, trendy fit-out Open seven days a week Fully under management, suited to a hands-off investor Known for friendly service and consistent food quality Strong customer reviews and reputation No hospitality experience required to own it

DealProspect/Listings/Food & Beverage

Fully Managed Burger Bar, South West Melbourne

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$649,000

Disclosed · AUD

Revenue

$1,560,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Burger bar in Melbourne's south west with a modern, trendy fit-out
Open seven days a week
Fully under management, suited to a hands-off investor
Known for friendly service and consistent food quality
Strong customer reviews and reputation
No hospitality experience required to own it

How it compares

Takeaways in Victoria · asking prices

In line with takeaways here

Takeaways here ask a median 0.32× revenue. On its $1,560,000 revenue, that points to about $500,000; reads like this are typically within 30%, so $350,000 to $650,000. It asks $649,000, inside that range.

Asking price: $649,0003.6 times the median of $182,500
Revenue: $1,560,000median is $676,000
Revenue multiple: 0.42×0.32× across the market; higher than 206 of 234
Time listed: 111 daysno price change

Takeaways in Victoria

Takeaways for sale in Victoria (314) →

Listed

314

+38 in 30 days

Median asking

$183K

292 priced

Median revenue

$676K

252 disclose

Earnings multiple

1.3×

313 listings

Price drops

in 30 days

Asking price spread292 of 314 state a price

This listing · $649K

20%

41%

32%

Under $100K$1M–$2.5M

Australia 577 · New South Wales 115 · Queensland 106 · Western Australia 22 · South Australia 10

Cafes 442 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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