Managed Restaurant & Bar, Newtown

Managed Restaurant & Bar, Newtown — Food & Beverage · Newtown · Asking $300,000 · Revenue $1,500,000

Established restaurant and bar in Newtown with a loyal local following Currently run under management Liquor licence in place with approved outdoor dining New five-year lease plus a further five-year option Scope to grow private dining, functions and trading hours

DealProspect/Listings/Food & Beverage

Managed Restaurant & Bar, Newtown

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

$300,000

Disclosed · plus stock · AUD

Revenue

$1,500,000

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

Brief

Established restaurant and bar in Newtown with a loyal local following
Currently run under management
Liquor licence in place with approved outdoor dining
New five-year lease plus a further five-year option
Scope to grow private dining, functions and trading hours

Restaurants in New South Wales

Restaurants for sale in New South Wales (111) →

Listed

111

+14 in 30 days

Median asking

$270K

106 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread106 of 111 state a price

This listing · $300K

18%

29%

35%

14%

Under $100K$1M–$2.5M

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