Restaurant Takeaway, Templestowe

Restaurant Takeaway, Templestowe — Food & Beverage · Templestowe, Melbourne · Asking $99,000

Restaurant/takeaway in a busy Templestowe food precinct with high exposure Long, secure lease at exceptionally low rent for the location Fully fitted with a commercial kitchen, storage and both indoor and outdoor seating Currently trades as a cultural restaurant and takeaway, five days a week with short hours Could be rebranded into a cafe, a different takeaway format, or a small restaurant…

DealProspect/Listings/Food & Beverage

Restaurant Takeaway, Templestowe

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$99,000

Disclosed · AUD

Revenue (est.)

Earnings

—

Implied multiple

—

Brief

Restaurant/takeaway in a busy Templestowe food precinct with high exposure
Long, secure lease at exceptionally low rent for the location
Fully fitted with a commercial kitchen, storage and both indoor and outdoor seating
Currently trades as a cultural restaurant and takeaway, five days a week with short hours
Could be rebranded into a cafe, a different takeaway format, or a small restaurant
Owner-couple selling due to health reasons

Takeaways in Victoria

Takeaways for sale in Victoria (314) →

Listed

314

+35 in 30 days

Median asking

$185K

293 priced

Median revenue

$676K

248 disclose

Earnings multiple

1.3×

312 listings

Price drops

in 30 days

Asking price spread293 of 314 state a price

This listing · $99K

20%

41%

31%

Under $100K$1M–$2.5M

Australia 577 · New South Wales 114 · Queensland 107 · Western Australia 22 · South Australia 10

Cafes 441 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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