Riverside Restaurant, Richmond

Riverside Restaurant, Richmond — Food & Beverage · Richmond · Asking $145,000 · Revenue $500,000 · EBPITD $161,017

A riverside restaurant in Richmond on the Yarra River, fully equipped with an owned commercial kitchen and a licensed outdoor terrace. The business runs on a secure lease through to 2039 and currently trades dinner three nights a week.

DealProspect/Listings/Food & Beverage

Riverside Restaurant, Richmond

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$145,000

Disclosed · AUD

Revenue

$500,000

TTM

Earnings

$161,017

Implied multiple

0.9×

asking / earnings

Brief

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How the asking price compares, with comparable businesses
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How long it has been for sale

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $500,000 revenue, that points to about $136,000; reads like this are typically within 30%, so $95,200 to $177,000. It asks $145,000, inside that range.

Asking price: $145,00034% below the median of $220,000
Revenue: $500,000median is $1,020,000
Revenue multiple: 0.29×0.27× across the market; higher than 88 of 149
Time listed: 50 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (237) →

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

This listing · $145K

12%

44%

25%

11%

Under $100K$2.5M–$5M

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

Cafes 437 · Takeaways 313 · Newsagencies 69 · General retail businesses 66 · Supermarkets 66 · Manufacturing businesses 60

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