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Italian Restaurant, Bayside Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
Revenue
$2,860,000
TTM
Profit
$500,000
Implied multiple (assumed)

Brief

  • Established Italian restaurant with 24 years of trading history in Melbourne's affluent bayside area
  • Substantial base of loyal, regular clients reflecting a strong local reputation
  • Managed by a dedicated team of chefs, kitchen staff and waitstaff
  • Minimal owner involvement required, approximately two days per week
  • Fully licensed to serve alcohol until midnight
  • Seats up to 120 guests across indoor and outdoor areas
Listed
247
+19 in 30 days
Median asking
$218K
202 priced
Median revenue
$1M
179 disclose
Earnings multiple
2.2×
9 listings
Price drops
21
in 30 days
Asking price spread202 of 247 state a price
12%
45%
24%
11%
1%
Under $100K$2.5M–$5M

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

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