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DealProspect/Listings/Food & Beverage

Riverside Bar & Cafe, Southbank

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$390,000
Disclosed · AUD
Revenue
$3,380,000
TTM
Earnings (est.)
~$652,678
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Fully managed bar and cafe with river views over the Yarra, opposite Flinders Street
  • Trades seven days a week from morning until late evening, with a broad food and beverage offering including Mexican-inspired cuisine
  • Long lease secured with a further renewal option
  • Full commercial kitchen and a late-hours liquor licence in place
  • Staffed by a mix of full-time and casual employees supporting the under-management operation