Souvlaki Bar - Ringwood

Souvlaki Bar - Ringwood — Food & Beverage · Ringwood, VIC · Asking $245,000 · Revenue $858,000

Charcoal souvlaki bar located next to a railway station with extensive foot traffic Trades 5.5 days per week, plus a catering arm Vendor will provide training Well-equipped shop with plenty of storage Vendor is the landlord, opening room to negotiate the lease

DealProspect/Listings/Food & Beverage

Souvlaki Bar - Ringwood

Restaurant

ActiveFood & BeverageVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$245,000

Disclosed · AUD

Revenue

$858,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Charcoal souvlaki bar located next to a railway station with extensive foot traffic
Trades 5.5 days per week, plus a catering arm
Vendor will provide training
Well-equipped shop with plenty of storage
Vendor is the landlord, opening room to negotiate the lease

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $858,000 revenue, that points to about $233,000; reads like this are typically within 30%, so $163,000 to $303,000. It asks $245,000, inside that range.

Asking price: $245,000about the median of $217,500
Revenue: $858,000median is $1,040,000
Revenue multiple: 0.29×0.27× across the market; higher than 84 of 151
Time listed: 111 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (238) →

Listed

238

+21 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

174 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread194 of 238 state a price

This listing · $245K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 442 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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