Established Restaurant, Geelong

Established Restaurant, Geelong — Food & Beverage · Geelong · Asking $549,000 · Revenue $2,080,000

Well-known, long-running restaurant brand in central Geelong Runs under semi-management, open six days a week Long lease with reasonable rent Fully licensed with liquor licence, seating for 130 guests indoor and outdoor Experienced, well-trained staff support a smooth transition

DealProspect/Listings/Food & Beverage

Established Restaurant, Geelong

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$549,000

Disclosed · AUD

Revenue

$2,080,000

TTM

Earnings (est.)

~$337,101

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.6×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-known, long-running restaurant brand in central Geelong
Runs under semi-management, open six days a week
Long lease with reasonable rent
Fully licensed with liquor licence, seating for 130 guests indoor and outdoor
Experienced, well-trained staff support a smooth transition

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $2,080,000 revenue, that points to about $562,000; reads like this are typically within 30%, so $393,000 to $731,000. It asks $549,000, inside that range.

Asking price: $549,0002.5 times the median of $217,500
Revenue: $2,080,000median is $1,000,000
Revenue multiple: 0.26×0.27× across the market; higher than 74 of 154
Time listed: 69 daysprice cut 15%, from $649,000

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $549K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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