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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.)
~$298,994
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.0×
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
Listed
247
+19 in 30 days
Median asking
$218K
202 priced
Median revenue
$1M
179 disclose
Earnings multiple
2.2×
9 listings
Price drops
20
in 30 days
Asking price spread202 of 247 state a price
This listing · $290K
12%
45%
24%
11%
1%
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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