Fully Managed Restaurant - Northcote, Melbourne
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$299,000
Disclosed · AUD
Revenue
$1,100,000
TTM
EBITDA
$150,000
Implied multiple
2.0×
asking / earnings
Brief
- Fully managed restaurant in Melbourne's Northcote dining precinct
- Trading for more than 11 years with a loyal local following
- Offers dine-in, takeaway, catering and function service
- Modern fit-out with commercial kitchen, cool room and separate freezer room
- New long-term lease with an upstairs sublease reducing effective rent
- Fully licensed venue with extended trading hours
- 51 seats across indoor and outdoor areas
- Fully under management, suited to a hands-off investor
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