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

Find funding for this deal →View original listing ↗

Asking price

$160,000

Disclosed · AUD

Revenue (est.)

~$512,000

Estimated · comparable listings of this type and size · typically within ±30%

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

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Listed

+12 in 30 days

Median asking

$210K

70 priced

Median revenue

$794K

31 disclose

Earnings multiple

1.2×

14 listings

Price drops

in 30 days

Asking price spread70 of 73 state a price

This listing · $160K

50%

20%

13%

Under $100K$2.5M–$5M

Australia 1264 · Victoria 1021 · New South Wales 96 · South Australia 32 · Western Australia 23

Cafes 147 · Takeaways 109 · Automotive workshops 84 · General retail businesses 76 · Manufacturing businesses 64 · Wholesale and distribution businesses 56

Priced like this one

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