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DealProspect/Listings/Food & Beverage

Tomahawks Bar & Eatery - Bright

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$590,000
Disclosed · AUD
Revenue (est.)
~$1,472,791
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$314,885
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

Leasehold restaurant and bar in Bright, a year-round tourist destination in Victoria's high country. Built around a share-plates and cocktails concept that draws both locals and visitors, the venue has traded for more than ten years and is currently run under management. It occupies a purpose-built, fully fitted site on a long-term lease, making it a turnkey acquisition for a hospitality group looking to expand into regional Victoria or an operator relocating from the city.

Listed
248
+20 in 30 days
Median asking
$215K
203 priced
Median revenue
$994K
180 disclose
Earnings multiple
2.2×
9 listings
Price drops
21
in 30 days
Asking price spread203 of 248 state a price
This listing · $590K
13%
44%
24%
11%
1%
Under $100K$2.5M–$5M

Australia 504 · New South Wales 114 · Queensland 75 · South Australia 25 · Western Australia 25

Cafes 441 · Takeaways 316 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67 · Manufacturing businesses 61

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