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Wrasse & Roe Seafood Restaurant

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$650,000
Disclosed · AUD
Revenue (est.)
~$1,609,708
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$347,426
Estimated · comparable listings of this type and size · typically within ±30%
Typical multiple
~1.9×
comparable listings of this type and size · typically within ±30%

Brief

Fully licensed seafood restaurant located within the Coconut Grove Apartments complex, seating 100 guests and drawing on both a loyal local customer base and a strong year-round tourist market. The restaurant offers a contemporary seafood-focused menu using premium local and imported produce, an established takeaway service for apartment guests and holidaymakers, and has hosted specialty events including gin tastings and champagne and caviar experiences. The turnkey operation comes with established systems and an experienced staff team in place.

Listed
76
+10 in 30 days
Median asking
$199K
73 priced
Median revenue
$1M
35 disclose
Earnings multiple
1.2×
12 listings
Price drops
8
in 30 days
Asking price spread73 of 76 state a price
This listing · $650K
49%
16%
14%
4%
Under $100K$2.5M–$5M

Australia 502 · Victoria 247 · New South Wales 114 · South Australia 25 · Western Australia 24

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