Licensed Restaurant, Carnegie

Licensed Restaurant, Carnegie — Food & Beverage · Carnegie · Asking $125,000 · Revenue $1,040,000

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

DealProspect/Listings/Food & Beverage

Licensed Restaurant, Carnegie

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$125,000

Disclosed · AUD

Revenue

$1,040,000

TTM

Earnings (est.)

~$183,248

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

More food & beverage businesses for sale

Restaurants for sale in Victoria (327) →