Licensed Restaurant, Mordialloc Beach

Licensed Restaurant, Mordialloc Beach — Food & Beverage · Mordialloc · Asking $580,000 · Revenue $1,300,000

Beautifully presented licensed restaurant in a prime location at Mordialloc Beach with indoor and outdoor seating for over 120 patrons Low rent with a long, secure 25-year lease providing strong stability Same owner for six years, with a loyal customer base, consistent turnover and strong profit margins Potential to convert to another style of cuisine

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Licensed Restaurant, Mordialloc Beach

Restaurant

ActiveFood & BeverageVictoriaB2C

View original listing ↗

Asking price

$580,000

Disclosed · AUD

Revenue

$1,300,000

TTM

Earnings (est.)

~$232,050

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.5×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Beautifully presented licensed restaurant in a prime location at Mordialloc Beach with indoor and outdoor seating for over 120 patrons
Low rent with a long, secure 25-year lease providing strong stability
Same owner for six years, with a loyal customer base, consistent turnover and strong profit margins
Potential to convert to another style of cuisine

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