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DealProspect/Listings/Hospitality & Tourism

Turnkey Japanese Restaurant, Knox City

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$509,000
est. from headline + $9,000 stock · AUD
Revenue
$2,000,000
TTM
Earnings (est.)
~$356,400
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Established Japanese restaurant in a high-exposure retail and entertainment precinct
  • Seating for approximately 120 patrons with experienced staff in place
  • Long trading history with an established, loyal customer base
  • Secure long-term lease supports a smooth ownership transition
  • Scope to expand takeaway, delivery and catering services
  • Established operating systems ready for a new owner