Licensed Restaurant in Ringwood

Licensed Restaurant in Ringwood — Food & Beverage · Ringwood, Melbourne · Asking $395,000 · Revenue $832,000

Long-established restaurant on a prime main road in the Ringwood area Seating for up to 100 guests, full commercial kitchen and liquor license Same operator for 16 years with a strong reputation New long lease available at reasonable rent; scope to change cuisine

DealProspect/Listings/Food & Beverage

Licensed Restaurant in Ringwood

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$395,000

Disclosed · AUD

Revenue

$832,000

TTM

Earnings (est.)

~$209,830

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.9×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established restaurant on a prime main road in the Ringwood area
Seating for up to 100 guests, full commercial kitchen and liquor license
Same operator for 16 years with a strong reputation
New long lease available at reasonable rent; scope to change cuisine

Restaurants in Victoria

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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

in 30 days

Asking price spread381 of 482 state a price

This listing · $395K

21%

41%

24%

Under $100K$2.5M–$5M

Queensland 116 · New South Wales 102 · Auckland 52 · South Australia 29 · Western Australia 21 · Canterbury 15

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