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DealProspect/Listings/Food & Beverage

Northern Beaches Restaurant, Manly

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
~$301,240
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,300,000
TTM
Earnings
$170,000
Implied multiple (assumed)
~1.8×
Assumed · comparable listings of this type and size · typically within ±30%

Brief

  • Well-established, iconic restaurant in Sydney's Northern Beaches with a beachfront location
  • Modern bistro concept serving international cuisine with seasonal, scratch-made dishes
  • Two floors and two bars, with a food-to-drinks sales split of roughly 60/40
  • Trades four days a week (Thursday to Sunday), with scope to add trading days
  • Craft beer and wine selection alongside the food menu
  • Strong mix of loyal local, business and tourist trade

Restaurants in New South Wales

All 106
Listed
106
+13 in 30 days
Median asking
$295K
80 priced
Median revenue
$1.3M
49 disclose
Earnings multiple
1.1×
12 listings
Price drops
11
in 30 days
Asking price spread80 of 106 state a price
16%
28%
39%
10%
1%
Under $100KOver $5M

Australia 810 · Victoria 486 · Queensland 119 · South Australia 29 · Western Australia 22

Cafes 277 · Takeaways 124 · Childcare centres 112 · General retail businesses 105 · Manufacturing businesses 53 · Wholesale and distribution businesses 47