Fully Fitted Restaurant Venue, Melbourne

Fully Fitted Restaurant Venue, Melbourne — Hospitality & Tourism · Melbourne · Asking $630,000 + SAV

Fully fitted restaurant venue with a premium fit-out and two commercial kitchens Approximately 325 sqm over two levels in Melbourne's inner south-east suburbs Dedicated private dining/function space Immediate ability to trade with no goodwill acquisition required 5 years remaining on a 5+5 lease Close to public transport with high foot traffic

DealProspect/Listings/Hospitality & Tourism

Fully Fitted Restaurant Venue, Melbourne

Hospitality Site

ActiveHospitality & TourismVictoriaB2C

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Asking price

$630,000 + stock

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

Brief

Fully fitted restaurant venue with a premium fit-out and two commercial kitchens
Approximately 325 sqm over two levels in Melbourne's inner south-east suburbs
Dedicated private dining/function space
Immediate ability to trade with no goodwill acquisition required
5 years remaining on a 5+5 lease
Close to public transport with high foot traffic

Hospitality site businesses in Victoria

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Listed

+2 in 30 days

Median asking

$365K

10 priced

Median revenue

$1.4M

5 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread10 of 21 state a price

This listing · $630K

40%

10%

30%

10%

Under $100KOver $5M

Australia 33

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