High-Profit Restaurant, Melbourne Northern Suburbs

High-Profit Restaurant, Melbourne Northern Suburbs — Food & Beverage · Melbourne · Asking $590,000 · Revenue $1,380,000

Modern seafood-focused restaurant in a busy Northern Melbourne shopping plaza High passing traffic with ample parking and public transport at the rear Modern 190 sqm shop, only two years old, well equipped and fitted Seats 80 inside and 50 outside Open 6 days per week with a 5-year lease and liquor licence Especially popular during the summer months

DealProspect/Listings/Food & Beverage

High-Profit Restaurant, Melbourne Northern Suburbs

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

$590,000

Disclosed · AUD

Revenue

$1,380,000

TTM

Earnings (est.)

~$242,880

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Modern seafood-focused restaurant in a busy Northern Melbourne shopping plaza
High passing traffic with ample parking and public transport at the rear
Modern 190 sqm shop, only two years old, well equipped and fitted
Seats 80 inside and 50 outside
Open 6 days per week with a 5-year lease and liquor licence
Especially popular during the summer months

Restaurants in Victoria

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Listed

486

+32 in 30 days

Median asking

$179K

385 priced

Median revenue

$858K

369 disclose

Earnings multiple

2×

11 listings

Price drops

in 30 days

Asking price spread385 of 486 state a price

This listing · $590K

21%

41%

23%

10%

Under $100K$2.5M–$5M

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