Licensed Restaurant, Burwood

Licensed Restaurant, Burwood — Food & Beverage · Burwood, VIC · Asking $500,000 · Revenue $1,560,000

Well-positioned, reputable restaurant/cafe trading 7 days a week 1am liquor licence, the only one in surrounding suburbs Also suitable as a function centre Plenty of free street parking Full commercial kitchen and drinks bar Currently runs under management

DealProspect/Listings/Food & Beverage

Licensed Restaurant, Burwood

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$500,000

Disclosed · AUD

Revenue

$1,560,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Well-positioned, reputable restaurant/cafe trading 7 days a week
1am liquor licence, the only one in surrounding suburbs
Also suitable as a function centre
Plenty of free street parking
Full commercial kitchen and drinks bar
Currently runs under management

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,560,000 revenue, that points to about $423,000; reads like this are typically within 30%, so $296,000 to $550,000. It asks $500,000, inside that range.

Asking price: $500,0002.3 times the median of $217,500
Revenue: $1,560,000median is $1,040,000
Revenue multiple: 0.32×0.27× across the market; higher than 97 of 151
Time listed: 111 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (242) →

Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

This listing · $500K

12%

44%

24%

12%

Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 448 · Takeaways 316 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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