Restaurant - Avondale Heights
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$270,000
Disclosed · AUD
Revenue
$1,196,000
TTM
Earnings (est.)
~$213,486
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established restaurant in Avondale Heights with busy road frontage and strong passing trade
- Large premises with 70-plus seats, fully equipped and well maintained
- Ten-year long, secure lease with low rent
- Open six days a week with a stable trading history
- Vendor retiring and keen to sell
- Turnkey opportunity for an owner-operator to step straight in
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