Food Business Opportunity - Spotswood

Food Business Opportunity - Spotswood — Hospitality & Tourism · Spotswood

Vacant commercial space at Spotswood available for fit-out as a fast-food or restaurant concept Prime location opposite the train station near the Spotswood retail precinct Approximately 99m² total area (82m² internal plus 17m² terrace) On-site provision for gas, grease vent, sewer vent and grease trap Rent-free period offered and a secure long lease on offer, with no ingoing required

DealProspect/Listings/Hospitality & Tourism

Food Business Opportunity - Spotswood

Hospitality Site

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

N/A

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Vacant commercial space at Spotswood available for fit-out as a fast-food or restaurant concept
Prime location opposite the train station near the Spotswood retail precinct
Approximately 99m² total area (82m² internal plus 17m² terrace)
On-site provision for gas, grease vent, sewer vent and grease trap
Rent-free period offered and a secure long lease on offer, with no ingoing required

Hospitality site businesses in Victoria

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Listed

+2 in 30 days

Median asking

$630K

9 priced

Median revenue

$1.4M

5 disclose

Earnings multiple

3.1×

38 listings

Asking price spread9 of 19 state a price

22%

33%

11%

Under $100KOver $5M

Australia 32

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · Convenience stores 139 · General retail businesses 127

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