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Franchise Restaurant - Gippsland Highway - Under Management

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
Revenue
$1,305,153
TTM
Net Profit
$287,144
Implied multiple (assumed)

Brief

Franchise restaurant (Hog's Breath Cafe) on a major Gippsland highway with heavy passing traffic, seating 250. High-quality fitout with tap beer and walk-in cool rooms. The vendor owns the freehold and will offer the purchaser a lease rather than sell the property. Run by a manager and chef plus eleven part-timers.

Listed
238
+21 in 30 days
Median asking
$220K
194 priced
Median revenue
$1M
174 disclose
Earnings multiple
2.1×
10 listings
Price drops
21
in 30 days
Asking price spread194 of 238 state a price
This listing · $595K
11%
45%
24%
12%
2%
Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 442 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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