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DealProspect/Listings/Food & Beverage

Licensed Restaurant & Bar, Lilydale

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$298,000
Disclosed · AUD
Revenue
$936,000
TTM
Earnings (est.)
~$233,158
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A fully fitted licensed restaurant and bar on a commercial street in Lilydale near the train station, with seating for over 100 across an outdoor area and two commercial kitchens. The premises have recently been renovated and the operation runs under management, making it suitable for an owner stepping in without prior hospitality experience. Rent is modest against turnover, and a long lease term provides tenure. Well positioned for a profitable owner-operator business.

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 · $298K
26%
39%
24%
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