Pub and Restaurant, Preston

Pub and Restaurant, Preston — Food & Beverage · Preston · Asking $120,000 · Revenue $728,000

Two-level restaurant and bar in Preston with a vintage hotel-style character, currently trading five days per week. Two spacious levels allowing separate dining, bar, entertainment and function areas. 150-person liquor licence with seating for approximately 160 patrons. Woodfired pizza kitchen already in operation. Five beer taps and a dedicated beer room. Established function business with…

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Pub and Restaurant, Preston

Restaurant

ActiveFood & BeverageVictoriaB2C

View original listing ↗

Asking price

$120,000

Disclosed · AUD

Revenue

$728,000

TTM

Earnings (est.)

~$183,602

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Two-level restaurant and bar in Preston with a vintage hotel-style character, currently trading five days per week.
Two spacious levels allowing separate dining, bar, entertainment and function areas.
150-person liquor licence with seating for approximately 160 patrons.
Woodfired pizza kitchen already in operation.
Five beer taps and a dedicated beer room.
Established function business with repeat bookings.
Additional shop on the premises suited to a bottle shop or takeaway outlet.
Low staffing requirements support an efficient operating model.

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