Restaurant with Function Room in Elsternwick

Restaurant with Function Room in Elsternwick — Food & Beverage · Elsternwick, Melbourne · Asking $225,000 + Stock · Revenue $728,000

100-seat capacity with a separate function room Liquor licence and full commercial kitchen Secure lease (4+4 years) commenced October 2024

DealProspect/Listings/Food & Beverage

Restaurant with Function Room in Elsternwick

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$225,000 + stock

Disclosed · AUD

Revenue

$728,000

TTM

Earnings (est.)

~$184,352

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple

n/a

Stock is extra · value not stated

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

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Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $225K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

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