Pizza & Pasta Restaurant - Glen Huntly

Pizza & Pasta Restaurant - Glen Huntly — Food & Beverage · Glen Huntly, VIC · Asking $298,000 · Revenue $1,820,000

Trades 6 nights a week (closed Mondays), dinner service only Same owner for 12 years, currently operating under management Low rent and overheads with high gross and net profit margins

DealProspect/Listings/Food & Beverage

Pizza & Pasta Restaurant - Glen Huntly

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$298,000

Disclosed · AUD

Revenue

$1,820,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Trades 6 nights a week (closed Mondays), dinner service only
Same owner for 12 years, currently operating under management
Low rent and overheads with high gross and net profit margins

How it compares

Restaurants in Victoria · asking prices

40% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,820,000 revenue, that points to about $494,000; reads like this are typically within 30%, so $346,000 to $642,000. It asks $298,000.

Asking price: $298,00035% above the median of $220,000
Revenue: $1,820,000median is $1,040,000
Revenue multiple: 0.16×0.27× across the market; higher than 25 of 150
Time listed: 112 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (237) →

Listed

237

+20 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

173 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread194 of 237 state a price

This listing · $298K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 488 · New South Wales 111 · Queensland 74 · South Australia 25 · Western Australia 23

Cafes 438 · Takeaways 314 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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