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DealProspect/Listings/Hospitality & Tourism

Large-Scale Hospitality Business – Melbourne VIC, Lease to 2038

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$2,350,000
Disclosed · AUD
Revenue
$6,000,000
TTM
Earnings (est.)
~$1,158,600
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Offered to market for the first time in almost two decades — more than 50 years of continuous operation from the same site
  • Annual revenue exceeding $6 million across breakfast, lunch, dinner, premium beverages and takeaway
  • Approximately 260 patron seats across two adjoining premises with extensive indoor and outdoor dining
  • Fully equipped commercial kitchen with licensed restaurant and café operations
  • 11 full-time and 34 part-time staff; owner involvement 2–3 days per week
  • Long-term lease secured through to 2038
  • Diversified revenue streams with established operating systems and experienced team in place