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 $560,000; reads like this are typically within 30%, so $392,000 to $728,000. It asks $549,000, inside that range.

Asking price: $549,0002.6 times the median of $215,000
Revenue: $2,080,000median is $994,000
Revenue multiple: 0.26×0.27× across the market; higher than 75 of 155
Time listed: 69 daysprice cut 15%, from $649,000

Restaurants in Victoria

Restaurants for sale in Victoria (248) →

Listed

248

+19 in 30 days

Median asking

$215K

203 priced

Median revenue

$994K

180 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread203 of 248 state a price

This listing · $549K

13%

44%

24%

11%

Under $100K$2.5M–$5M

Australia 504 · New South Wales 114 · Queensland 75 · South Australia 25 · Western Australia 25

Cafes 441 · Takeaways 316 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67 · Manufacturing businesses 61

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