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DealProspect/Listings/Food & Beverage

Cafe, Bar & Restaurant - Mornington

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$290,000
Disclosed · AUD
Revenue
$2,080,000
TTM
Earnings (est.)
~$371,280
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Trades 7 days a week with extended hours Thursday to Saturday (9pm close)
  • Long 15-year secure lease with low overheads
  • Strong gross and net profit margins; noted as an improver opportunity