Waterfront Cafe & Restaurant - Dromana

Waterfront Cafe & Restaurant - Dromana — Food & Beverage · Dromana, VIC · Asking $700,000 · Revenue $2,000,000

Beachfront/waterfront venue seating 120 indoors and outdoors Lunch and dinner service only (no breakfast), with both food and liquor sales Long 25-year secure lease with low overheads

DealProspect/Listings/Food & Beverage

Waterfront Cafe & Restaurant - Dromana

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$700,000

Disclosed · AUD

Revenue

$2,000,000

TTM

Earnings (est.)

~$384,284

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

Implied multiple (assumed)

~1.8×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Beachfront/waterfront venue seating 120 indoors and outdoors
Lunch and dinner service only (no breakfast), with both food and liquor sales
Long 25-year secure lease with low overheads

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $2,000,000 revenue, that points to about $540,000; reads like this are typically within 30%, so $378,000 to $702,000. It asks $700,000, inside that range.

Asking price: $700,0003.2 times the median of $217,500
Revenue: $2,000,000median is $1,000,000
Revenue multiple: 0.35×0.27× across the market; higher than 110 of 154
Time listed: 108 daysno price change

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 · $700K

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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