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DealProspect/Listings/Food & Beverage

Indian & Nepalese Restaurant, Elsternwick

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
~$134,701
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$416,000
TTM
Earnings (est.)
~$104,915
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief

Spacious hospitality venue currently trading as an Indian and Nepalese restaurant, with flexibility to continue the existing concept or introduce a new dining offering subject to council approval. Established for eight years with a loyal local customer base, seating for approximately 50 patrons, a fully equipped commercial kitchen, walk-in cool room and a liquor licence to 11pm. Secured under a long-term lease, with a genuine relocation-driven sale.