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DealProspect/Listings/Food & Beverage

Licensed Restaurant — Carnegie

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$980,000
Disclosed · AUD
Revenue
$2,600,000
TTM
Earnings (est.)
~$522,753
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.9×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established licensed restaurant on a prime main road in Carnegie, near the train station and shops, with a newly fitted-out dining area seating over 40.
  • Holds a full liquor licence and reports a loyal customer base.
  • Broker cites low rent and a long, secure lease as supporting strong trading profitability.
  • Positioned as a strong opportunity for either an owner-operator or an investor.
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 · $980K
26%
39%
24%
8%
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