Mornington Wine Bar & Restaurant

Mornington Wine Bar & Restaurant — Food & Beverage · Mornington · Asking POA · Revenue $1,404,000

Long-established wine bar and restaurant in a busy Mornington hospitality precinct Split-level dining, bar and lounge area, plus outdoor seating with street exposure Full commercial kitchen and walk-in cool room; licensed until 11pm Trades five days a week (Wednesday to Sunday) across lunch and dinner Potential to add a rooftop bar for further growth

DealProspect/Listings/Food & Beverage

Mornington Wine Bar & Restaurant

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

Revenue

$1,404,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Long-established wine bar and restaurant in a busy Mornington hospitality precinct
Split-level dining, bar and lounge area, plus outdoor seating with street exposure
Full commercial kitchen and walk-in cool room; licensed until 11pm
Trades five days a week (Wednesday to Sunday) across lunch and dinner
Potential to add a rooftop bar for further growth

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How long it has been for sale

Restaurants in Victoria

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Listed

237

+18 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

172 disclose

Earnings multiple

2.1×

8 listings

Price drops

in 30 days

Asking price spread194 of 237 state a price

12%

44%

25%

11%

Under $100K$2.5M–$5M

Australia 487 · New South Wales 112 · Queensland 72 · South Australia 25 · Western Australia 23

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