Latin American Restaurant, Melbourne

Latin American Restaurant, Melbourne — Food & Beverage · Melbourne · Asking Expressions of Interest · Revenue $416,000

Well-regarded Latin American restaurant in an inner-northern Melbourne suburb, close to a busy train station Currently trades evenings only, 4pm-10pm, leaving room to add breakfast and lunch service Quality commercial kitchen and modern fit-out Can continue under the existing brand or be reconcepted by an incoming owner Area benefiting from ongoing residential and commercial development

DealProspect/Listings/Food & Beverage

Latin American Restaurant, Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

Revenue

$416,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Well-regarded Latin American restaurant in an inner-northern Melbourne suburb, close to a busy train station
Currently trades evenings only, 4pm-10pm, leaving room to add breakfast and lunch service
Quality commercial kitchen and modern fit-out
Can continue under the existing brand or be reconcepted by an incoming owner
Area benefiting from ongoing residential and commercial development

Restaurants in Victoria

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Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

12%

44%

24%

12%

Under $100K$2.5M–$5M

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