Restaurant with Function Room in Elsternwick
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$225,000
Disclosed · AUD
Revenue
$728,000
TTM
Earnings (est.)
~$183,602
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- 100-seat capacity with a separate function room
- Liquor licence and full commercial kitchen
- Secure lease (4+4 years) commenced October 2024
Restaurants in Victoria
All 482 →Listed
482
+197 in 30 days
Median asking
$179K
381 priced
Median revenue
$836K
366 disclose
Earnings multiple
1.9×
10 listings
Time listed
37d
74 tracked
Price drops
12
in 30 days
Asking price spread381 of 482 state a price
This listing · $225K
1%
Under $100K$2.5M–$5M
Queensland 116 · New South Wales 102 · Auckland 52 · South Australia 29 · Western Australia 21 · Canterbury 15
Cafes 575 · Takeaways 528 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77 · Bakeries 76
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