Licensed Restaurant, Ringwood East
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$68,000
Disclosed · AUD
Revenue
$416,000
TTM
Earnings (est.)
~$104,915
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established restaurant in Ringwood East on a busy shopping strip with prominent main road exposure
- Spacious premises with approximately 50 seats, fully equipped commercial kitchen and a full liquor licence
- Low rent supporting strong operating margins
- Open six days a week with flexibility to run a wide range of food concepts
- Long secure lease providing stability for an incoming owner
- Vendor keen to sell, priced to sell
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