Italian Restaurant - Richmond

Italian Restaurant - Richmond — Food & Beverage · Richmond, VIC · Asking $79,000

Licensed Italian restaurant seating 120, including a function room Established regular client base in a busy Richmond location Room for improvement; vendor keen to sell

DealProspect/Listings/Food & Beverage

Italian Restaurant - Richmond

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$79,000

Disclosed · AUD

Revenue (est.)

~$254,346

Estimated · comparable listings of this type and size · typically within ±30%

Earnings

—

Implied multiple

—

Brief

Licensed Italian restaurant seating 120, including a function room
Established regular client base in a busy Richmond location
Room for improvement; vendor keen to sell

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

in 30 days

Asking price spread202 of 247 state a price

This listing · $79K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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