Licensed Restaurant, Melbourne
Restaurant
ActiveFood & BeverageB2C
Brief
- Iconic, long-established restaurant in one of Melbourne's affluent suburbs
- Fully under management with systems and processes in place
- Seating for 220+ guests with a full liquor licence
- Strong, experienced team and a loyal local and tourist customer base
- Reasonable rent on a secure, long lease
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Where this asking price sits against similar businesses for sale.
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
20
in 30 days
Asking price spread202 of 247 state a price
This listing · $5M
1%
Under $100K$2.5M–$5M
Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25
Cafes 438 · Takeaways 316 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67 · Manufacturing businesses 61
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