Restaurant - Avondale Heights

Restaurant - Avondale Heights — Food & Beverage · Avondale Heights, Melbourne · Asking $270,000 · Revenue $1,196,000

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

DealProspect/Listings/Food & Beverage

Restaurant - Avondale Heights

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

$270,000

Disclosed · AUD

Revenue

$1,196,000

TTM

Earnings (est.)

~$210,735

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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