Melbourne Inner-City Restaurant & Bar

Melbourne Inner-City Restaurant & Bar — Food & Beverage · Melbourne · Asking $390,000 · Revenue $1,560,000

Large, long-established restaurant and bar minutes from Melbourne CBD Fully staffed with a manager and experienced team in place Separate upstairs function venue currently unused, offering growth potential Owner is also the landlord, giving lease security and flexibility Price recently reduced as the owner is retiring

DealProspect/Listings/Food & Beverage

Melbourne Inner-City Restaurant & Bar

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$390,000

Disclosed · AUD

Revenue

$1,560,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Large, long-established restaurant and bar minutes from Melbourne CBD
Fully staffed with a manager and experienced team in place
Separate upstairs function venue currently unused, offering growth potential
Owner is also the landlord, giving lease security and flexibility
Price recently reduced as the owner is retiring

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,560,000 revenue, that points to about $423,000; reads like this are typically within 30%, so $296,000 to $550,000. It asks $390,000, inside that range.

Asking price: $390,00077% above the median of $220,000
Revenue: $1,560,000median is $1,040,000
Revenue multiple: 0.25×0.27× across the market; higher than 59 of 150
Time listed: 76 daysprice cut 20%, from $490,000

Restaurants in Victoria

Restaurants for sale in Victoria (237) →

Listed

237

+20 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

173 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread194 of 237 state a price

This listing · $390K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 488 · New South Wales 111 · Queensland 74 · South Australia 25 · Western Australia 23

Cafes 438 · Takeaways 314 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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