Restaurant & Wedding Venue, Sassafras

Restaurant & Wedding Venue, Sassafras — Food & Beverage · Sassafras · Asking $350,000

Established restaurant, wedding venue and catering business with a 23-year trading history in Sassafras Set on almost 1.5 acres with a dedicated outdoor ceremony area and function rooms Liquor licence for up to 214 patrons, with a fully equipped commercial kitchen and additional catering kitchen Currently run on a modest schedule, largely under management, with owners involved one to two days a…

DealProspect/Listings/Food & Beverage

Restaurant & Wedding Venue, Sassafras

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · plus stock · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

Brief

Established restaurant, wedding venue and catering business with a 23-year trading history in Sassafras
Set on almost 1.5 acres with a dedicated outdoor ceremony area and function rooms
Liquor licence for up to 214 patrons, with a fully equipped commercial kitchen and additional catering kitchen
Currently run on a modest schedule, largely under management, with owners involved one to two days a week
Scope to grow through extended hours, additional weddings and further catering

Restaurants in Victoria

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Listed

1022

+183 in 30 days

Median asking

$178K

978 priced

Median revenue

$780K

936 disclose

Earnings multiple

1.8×

25 listings

Price drops

in 30 days

Asking price spread978 of 1022 state a price

This listing · $350K

26%

38%

24%

Under $100K$2.5M–$5M

Australia 1263 · New South Wales 96 · Queensland 73 · South Australia 31 · Western Australia 22

Takeaways 940 · Cafes 898 · Liquor stores 145 · Convenience stores 139 · Bakeries 127 · General retail businesses 127

Priced like this one

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