High-Profit Restaurant, Melbourne Northern Suburbs
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$590,000 + stock
Disclosed · AUD
Revenue
$1,380,000
TTM
Implied multiple
n/a
Stock is extra · value not stated
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
Restaurants for sale in Victoria (238) →Listed
238
+21 in 30 days
Median asking
$220K
194 priced
Median revenue
$1M
174 disclose
Earnings multiple
2.1×
10 listings
Price drops
21
in 30 days
Asking price spread194 of 238 state a price
This listing · $590K
2%
Under $100K$2.5M–$5M
Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23
Cafes 442 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60
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