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Fully Managed Restaurant - Northcote, Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$299,000 + stock
Disclosed · AUD
Revenue
$1,100,000
TTM
EBITDA
$150,000
Implied multiple
n/a
Stock is extra · value not stated

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

Restaurants in Victoria

Restaurants for sale in Victoria (238) →
Listed
238
+21 in 30 days
Median asking
$220K
194 priced
Median revenue
$1M
174 disclose
Earnings multiple
2.1×
10 listings
Price drops
21
in 30 days
Asking price spread194 of 238 state a price
This listing · $299K
11%
45%
24%
12%
2%
Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

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