Fully Managed Restaurant - Northcote, Melbourne

Fully Managed Restaurant - Northcote, Melbourne — Food & Beverage · Northcote · Asking $299,000 · Revenue $1,100,000 · EBITDA $150,000

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…

DealProspect/Listings/Food & Beverage

Fully Managed Restaurant - Northcote, Melbourne

Restaurant

ActiveFood & BeverageVictoriaB2C

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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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