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.)

~$651,664

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.5×

Assumed · asking ÷ estimated earnings (as advertised)

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

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 · $990K

21%

41%

23%

10%

Under $100K$2.5M–$5M

Australia 810 · Queensland 119 · New South Wales 106 · South Australia 29 · Western Australia 22

Cafes 582 · Takeaways 528 · General retail businesses 228 · Supermarkets 86 · Convenience stores 79 · Bakeries 75

Priced like this one

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