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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 (247) →
Listed
247
+19 in 30 days
Median asking
$218K
202 priced
Median revenue
$1M
179 disclose
Earnings multiple
2.2×
9 listings
Price drops
20
in 30 days
Asking price spread202 of 247 state a price
This listing · $299K
12%
45%
24%
11%
1%
Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

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