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DealProspect/Listings/Food & Beverage

Restaurant — Carnegie

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$98,000
Disclosed · AUD
Revenue
$2,340,000
TTM
Earnings (est.)
~$162,811
Estimated · comparable listings of this type and size · typically within ±45%
Implied multiple (assumed)
~0.6×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Established restaurant on a busy main road in Carnegie, close to the train station and shops, with a newly fitted-out dining area seating around 80.
  • Includes three residential rooms on the property in addition to the dining space.
  • Broker cites cheap rent and describes the business as trading six days a week with room for further growth.
  • the source's structured price panel labels this listing's category as "Rural", which conflicts with the restaurant description in the body text — the panel's Taking/Asking Price figures look like they may belong to a different listing, so both were left blank rather than guessed.
Listed
1020
+184 in 30 days
Median asking
$178K
976 priced
Median revenue
$780K
936 disclose
Earnings multiple
1.5×
23 listings
Price drops
21
in 30 days
Asking price spread976 of 1020 state a price
This listing · $98K
26%
39%
24%
0%
Under $100K$2.5M–$5M

Australia 1304 · New South Wales 139 · Queensland 74 · South Australia 29 · Western Australia 22

Takeaways 940 · Cafes 897 · Liquor stores 148 · Convenience stores 140 · General retail businesses 131 · Bakeries 126