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DealProspect/Listings/Food & Beverage

Produce-Led Dining & Bar Venue, Tenterfield

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
$349,000
Disclosed · AUD
Revenue (est.)
~$1,116,800
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$257,546
Estimated · comparable listings of this type and size · typically within ±35%
Typical multiple
~1.4×
comparable listings of this type and size · typically within ±35%

Brief

  • Produce-led dining and bar venue in the tourist town of Tenterfield, NSW
  • Trading since 2022 with steady year-on-year growth
  • Only venue of its kind in the region, with industry recognition for its drinks list and food
  • Dining room, fully equipped kitchen and a European-style courtyard
  • Turnkey operation with systems, suppliers and goodwill in place
  • The building is separately available for purchase alongside the business

Restaurants in New South Wales

All 91
Listed
91
+14 in 30 days
Median asking
$300K
68 priced
Median revenue
$1.5M
44 disclose
Earnings multiple
1.1×
14 listings
Price drops
5
in 30 days
Asking price spread68 of 91 state a price
This listing · $349K
15%
26%
38%
12%
1%
Under $100KOver $5M

Australia 1265 · Victoria 1022 · Queensland 70 · South Australia 26 · Western Australia 22

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