Luxury Restaurant Café, Eltham

Luxury Restaurant Café, Eltham — Hospitality & Tourism · Eltham, Melbourne · Asking $149,000

Coffee and alcohol bar with a spacious service area designed for efficiency and presentation Large commercial kitchen with two sections and a full walk-in coolroom Private carpark accommodating 50+ vehicles 80-seat capacity, with scope to expand to 120+ seats Versatile potential as a café, restaurant, wine bar or function centre Long secure lease with low monthly rent Owners selling due to…

DealProspect/Listings/Hospitality & Tourism

Luxury Restaurant Café, Eltham

Restaurant

ActiveHospitality & TourismVictoriaB2C

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Asking price

$149,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

—

Brief

Coffee and alcohol bar with a spacious service area designed for efficiency and presentation
Large commercial kitchen with two sections and a full walk-in coolroom
Private carpark accommodating 50+ vehicles
80-seat capacity, with scope to expand to 120+ seats
Versatile potential as a café, restaurant, wine bar or function centre
Long secure lease with low monthly rent
Owners selling due to personal circumstances

Restaurants in Victoria

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Listed

482

+197 in 30 days

Median asking

$179K

381 priced

Median revenue

$836K

366 disclose

Earnings multiple

1.9×

10 listings

Time listed

38d

74 tracked

Price drops

in 30 days

Asking price spread381 of 482 state a price

This listing · $149K

21%

41%

24%

Under $100K$2.5M–$5M

Queensland 116 · New South Wales 102 · South Australia 29 · Western Australia 21

Cafes 575 · Takeaways 528 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77 · Bakeries 76

Priced like this one

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