Growing Pizzeria - Preston, Six-Day Trade

Growing Pizzeria - Preston, Six-Day Trade — Food & Beverage · Preston · Asking $280,000 · Revenue $780,000

An established pizzeria in Preston serving dine-in, takeaway and delivery customers, recently moved to six-day trading Comes with a fully fitted commercial kitchen, reducing set-up costs for an incoming operator Rent is low relative to turnover, with a lease providing further term options Suits an experienced hospitality operator or chef wanting to build further on current trading

DealProspect/Listings/Food & Beverage

Growing Pizzeria - Preston, Six-Day Trade

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$280,000

Disclosed · AUD

Revenue

$780,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

An established pizzeria in Preston serving dine-in, takeaway and delivery customers, recently moved to six-day trading
Comes with a fully fitted commercial kitchen, reducing set-up costs for an incoming operator
Rent is low relative to turnover, with a lease providing further term options
Suits an experienced hospitality operator or chef wanting to build further on current trading

How it compares

Restaurants in Victoria · asking prices

33% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $780,000 revenue, that points to about $211,000; reads like this are typically within 30%, so $148,000 to $274,000. It asks $280,000.

Asking price: $280,00029% above the median of $217,500
Revenue: $780,000median is $1,000,000
Revenue multiple: 0.36×0.27× across the market; higher than 115 of 154
Time listed: 21 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $280K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 501 · New South Wales 112 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 441 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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