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DealProspect/Listings/Hospitality & Tourism

Fitted Hospitality Venue – Lygon St, Carlton

Hospitality Site

ActiveHospitality & TourismVictoria
Asking price
$100,000
Disclosed · AUD
Revenue
Earnings
Implied multiple

Brief

A fully fitted hospitality venue on Lygon Street, Carlton, offered as a turnkey leasehold opportunity with complete back-of-house infrastructure including a commercial kitchen, cool rooms, exhaust and a wood-fired oven. The space is currently configured for fine dining with 40 seats but can be reconfigured for a higher-volume bistro, wine bar or takeaway concept, and includes a 60-seat indoor liquor licence and dedicated bar. A secure long-term lease with further renewal options lets an incoming operator start trading without the cost of a fit-out.

Hospitality site businesses in Victoria

All 22
Listed
22
+3 in 30 days
Median asking
$630K
9 priced
Median revenue
$1.5M
6 disclose
Earnings multiple
2.8×
27 listings
Asking price spread9 of 22 state a price
This listing · $100K
22%
22%
33%
11%
11%
Under $100KOver $5M

Australia 37

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127