Licensed Restaurant & Function Centre – Ringwood
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$189,000
Disclosed · AUD
Revenue
$1,196,000
TTM
Earnings (est.)
~$229,991
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A modern function and reception venue in Ringwood combining restaurant, event hosting and external catering under one roof. The fitted-out space includes a bar, commercial kitchen, cool room and a balcony outlook, and holds a full liquor licence. Currently run under management on a long-term lease, with a freehold purchase option also available for a buyer wanting to own the site.
Restaurants in Victoria
All 1022 →Listed
1022
+184 in 30 days
Median asking
$178K
961 priced
Median revenue
$780K
923 disclose
Earnings multiple
1.8×
24 listings
Price drops
17
in 30 days
Asking price spread961 of 1022 state a price
This listing · $189K
0%
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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