City Restaurant – Adelaide
Restaurant
ActiveFood & BeverageSouth AustraliaB2C
Asking price
Expressions of Interest
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
—
Brief
- Licensed restaurant in a prominent East End location in central Adelaide.
- Quality fit-out with indoor seating plus a covered alfresco area.
- Currently trades a limited five dinner and three lunch services a week by vendor choice.
- Licensed 11am to 11pm, seven days, with scope to extend to full lunch and dinner trade.
- Adaptable layout suited to a range of cuisines and to functions and events.
- Sale is described by the broker as reluctant.
Restaurants in South Australia
Restaurants for sale in South Australia (30) →Listed
30
+7 in 30 days
Median asking
$150K
27 priced
Median revenue
$742K
17 disclose
Earnings multiple
1.3×
388 listings
Price drops
4
in 30 days
Asking price spread27 of 30 state a price
4%
Under $100K$2.5M–$5M
Australia 1305 · Victoria 1022 · New South Wales 138 · Queensland 72 · Western Australia 23
Cafes 35 · Hair salons 14 · Hotels 10 · Building and construction businesses 9 · General retail businesses 9 · Takeaways 9
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