Licensed Restaurant – Watsonia

Licensed Restaurant – Watsonia — Food & Beverage · Watsonia · Asking $56,000 · Revenue $650,000

Highly regarded licensed restaurant on a bustling Watsonia shopping strip close to the train station. Spacious premises with a full commercial kitchen, established for 12 years with a loyal customer base. Currently open six nights a week, with scope to extend hours and expand the menu. Reasonable rent secured under a long, 20-year lease. Stable, profitable operation with strong further potential.

DealProspect/Listings/Food & Beverage

Licensed Restaurant – Watsonia

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

$56,000

Disclosed · AUD

Revenue

$650,000

TTM

Earnings (est.)

~$161,915

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Highly regarded licensed restaurant on a bustling Watsonia shopping strip close to the train station.
Spacious premises with a full commercial kitchen, established for 12 years with a loyal customer base.
Currently open six nights a week, with scope to extend hours and expand the menu.
Reasonable rent secured under a long, 20-year lease.
Stable, profitable operation with strong further potential.

Restaurants in Victoria

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Listed

1022

+184 in 30 days

Median asking

$178K

961 priced

Median revenue

$780K

923 disclose

Earnings multiple

1.8×

24 listings

Price drops

in 30 days

Asking price spread961 of 1022 state a price

This listing · $56K

26%

39%

24%

Under $100K$2.5M–$5M

Australia 1265 · New South Wales 91 · Queensland 70 · South Australia 26 · Western Australia 22

Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127 · General retail businesses 125

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