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DealProspect/Listings/Food & Beverage

Waterfront Restaurant and Bar - Patterson Lakes

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$79,000
Disclosed · AUD
Revenue
$520,000
TTM
Earnings (est.)
~$85,640
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~0.9×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Near-new waterfront restaurant and bar in Patterson Lakes, about two years old, with seating for around 50 inside and out
  • Modern fit-out, commercial kitchen and walk-in facilities with a liquor licence
  • Trades limited lunch and dinner hours, so there is clear room to extend hours and add functions or takeaway
  • Online ordering and delivery platforms already set up
  • Advertised as a chattel sale because of the owner's change in family circumstances

How it compares

Restaurants in Victoria · asking prices
43% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $520,000 revenue, that points to about $139,000; reads like this are typically within 30%, so $97,300 to $181,000. It asks $79,000.

Asking price
$79,00056% below the median of $178,000
Revenue
$520,000median is $780,000
Revenue multiple
0.15×0.27× across the market; higher than 149 of 909
Time listed
0 daysrecently listed

Restaurants in Victoria

Restaurants for sale in Victoria (1021) →
Listed
1021
+183 in 30 days
Median asking
$178K
976 priced
Median revenue
$780K
938 disclose
Earnings multiple
1.6×
22 listings
Price drops
30
in 30 days
Asking price spread976 of 1021 state a price
This listing · $79K
26%
39%
24%
0%
Under $100K$2.5M–$5M

Australia 1301 · New South Wales 136 · Queensland 75 · South Australia 28 · Western Australia 23

Takeaways 943 · Cafes 897 · Liquor stores 150 · Convenience stores 141 · Bakeries 127 · General retail businesses 126

Priced like this one

Restaurants for sale in Victoria (1021) →