Italian Restaurant, Mentone

Italian Restaurant, Mentone — Food & Beverage · Mentone · Asking $990,000 · Revenue $3,380,000

Iconic Italian restaurant in Melbourne's south-eastern suburbs, run under full management Well-established and consistent business in a prime location with ample space Fully equipped including a pizza oven, with both indoor and outdoor dining High exposure and easy accessibility to a large, loyal customer base Profitable business with financials available to serious buyers

DealProspect/Listings/Food & Beverage

Italian Restaurant, Mentone

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$990,000

Disclosed · AUD

Revenue

$3,380,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Iconic Italian restaurant in Melbourne's south-eastern suburbs, run under full management
Well-established and consistent business in a prime location with ample space
Fully equipped including a pizza oven, with both indoor and outdoor dining
High exposure and easy accessibility to a large, loyal customer base
Profitable business with financials available to serious buyers

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $3,380,000 revenue, that points to about $913,000; reads like this are typically within 30%, so $639,000 to $1,190,000. It asks $990,000, inside that range.

Asking price: $990,0004.6 times the median of $217,500
Revenue: $3,380,000median is $1,000,000
Revenue multiple: 0.29×0.27× across the market; higher than 91 of 154
Time listed: 46 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

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 · $990K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 501 · New South Wales 112 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 441 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

Get new restaurants in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Restaurants for sale in Victoria (247) →