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DealProspect/Listings/Food & Beverage

Licensed Restaurant, Carnegie

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$125,000
Disclosed · AUD
Revenue
$1,040,000
TTM
Earnings (est.)
~$185,640
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Well-established licensed restaurant on Carnegie's main shopping strip
  • Large premises with 50 seats, two VIP rooms and a walk-in cool room
  • Same owner has operated the business for 6 years with a loyal following
  • Full commercial kitchen and full liquor licence in place
  • Ten-year secure lease with reasonable rent
  • Vendor willing to stay on for training, chef to continue