Tapas & Cocktails Restaurant – Hervey Bay, QLD

Tapas & Cocktails Restaurant – Hervey Bay, QLD — Food & Beverage · Hervey Bay · Asking $160,000

Well-established tapas and cocktails venue on the Esplanade in Hervey Bay, run by the same operator for over 15 years Favourable lease terms in place Experienced staff including chefs, with one working owner Extensive plant and equipment in excellent condition Owner is selling to retire

DealProspect/Listings/Food & Beverage

Tapas & Cocktails Restaurant – Hervey Bay, QLD

Restaurant

ActiveFood & BeverageQueenslandB2C

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Asking price

$160,000

Disclosed · AUD

Revenue (est.)

Earnings

—

Implied multiple

—

Brief

Well-established tapas and cocktails venue on the Esplanade in Hervey Bay, run by the same operator for over 15 years
Favourable lease terms in place
Experienced staff including chefs, with one working owner
Extensive plant and equipment in excellent condition
Owner is selling to retire

Restaurants in Queensland

Restaurants for sale in Queensland (75) →

Listed

+9 in 30 days

Median asking

$199K

72 priced

Median revenue

$1M

34 disclose

Earnings multiple

1.2×

12 listings

Price drops

in 30 days

Asking price spread72 of 75 state a price

This listing · $160K

50%

17%

13%

Under $100K$2.5M–$5M

Australia 501 · Victoria 247 · New South Wales 112 · South Australia 25 · Western Australia 24

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