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.)

~$306,127

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

Implied multiple (assumed)

~1.1×

Assumed · asking ÷ estimated earnings (as advertised)

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 $450,000; reads like this are typically within 30%, so $315,000 to $585,000. It asks $350,000, inside that range.

Asking price: $350,00061% above the median of $217,500
Revenue: $1,664,000median is $1,000,000
Revenue multiple: 0.21×0.27× across the market; higher than 40 of 154
Time listed: 109 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 · $350K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 438 · Takeaways 316 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67 · Manufacturing businesses 61

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