Licensed Restaurant - South Melbourne

Licensed Restaurant - South Melbourne — Food & Beverage · South Melbourne, VIC · Asking $350,000 · Revenue $1,664,000

Long-standing restaurant, same vendor for approximately 50 years Premium location accessible by public transport with good on-street parking Licensed premises with a fully equipped commercial kitchen and spare equipment Trades 5 days/nights; free parking for vendors at the rear

DealProspect/Listings/Food & Beverage

Licensed Restaurant - South Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · AUD

Revenue

$1,664,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Long-standing restaurant, same vendor for approximately 50 years
Premium location accessible by public transport with good on-street parking
Licensed premises with a fully equipped commercial kitchen and spare equipment
Trades 5 days/nights; free parking for vendors at the rear

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,664,000 revenue, that points to about $452,000; reads like this are typically within 30%, so $316,000 to $588,000. It asks $350,000, inside that range.

Asking price: $350,00059% above the median of $220,000
Revenue: $1,664,000median is $1,040,000
Revenue multiple: 0.21×0.27× across the market; higher than 37 of 150
Time listed: 112 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 · $350K

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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