Upmarket restaurant and bar, Melbourne CBD

Upmarket restaurant and bar, Melbourne CBD — Food & Beverage · Melbourne CBD · Asking $480,000 · Revenue $1,122,403

A licensed restaurant and bar in central Melbourne turning over about $1.12 million a year. The venue trades across lunch, dinner and bar service and is offered with its fit-out and lease in place.

DealProspect/Listings/Food & Beverage

Upmarket restaurant and bar, Melbourne CBD

Restaurant

ActiveFood & BeverageVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,122,403

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

A licensed restaurant and bar in central Melbourne turning over about $1.12 million a year. The venue trades across lunch, dinner and bar service and is offered with its fit-out and lease in place.

How it compares

Restaurants in Victoria · asking prices

58% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,122,403 revenue, that points to about $304,000; reads like this are typically within 30%, so $213,000 to $395,000. It asks $480,000.

Asking price: $480,0002.2 times the median of $217,500
Revenue: $1,122,403median is $1,040,000
Revenue multiple: 0.43×0.27× across the market; higher than 128 of 151
Time listed: 78 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $480K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 501 · New South Wales 112 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 441 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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